Membership

As a member of Imarex and NOS you will have major benefits when trading freight derivatives:

• Imarex Screen - access to the most liquid trading screen in the market will improve your price discovery opportunities, improve your execution efficiency and give you the unique ability to trade anonymously.
• Reduce Risk - cleared contracts will reduce your credit exposure.
• Competitive Prices - access to all members will drastically improve your ability to obtain competitive prices and trading liquidity.

Direct Membership

Imarex and NOS have over 200 direct members who benefit greatly of:

• No intermediary charges by financial institutions.
• A flexible and focused credit approval process optimising the margin regimes for a diverse mix of shipping companies, trading houses, industrial players and merchant banks.
• A direct link with the Imarex electronic marketplace providing the #1 liquidity pool in the freight market.
• No membership fees.

Apply for Direct Membership by submitting the membership application form and relevant documentation. Once you submit all the necessary paperwork it will take a couple of weeks to process the application and get back to you with an answer.

You can also contact us for any other membership enquiries.

General Clearing Members

The alternative to becoming a Direct Member is to trade and clear through one of our General Clearing Members (GCMs). There are different reasons for why principals would choose this option:

• Already have a credit line with the bank and/or are clearing other commodities with one of our GCMs.
• Have a registered entity in a country that has not been legally recognized by Imarex/NOS