Market Membership
As a globalORE Market Member, you gain the most efficient and transparent route to market for standardised iron ore products. Membership offers access to the globalORE trading screen and brings a host of benefits:
Fast, efficient access to international iron ore markets
- Bilaterally agreed pre-approved credit with fellow Market Members ensures a ready pool of potential trading partners
- Ability to reverse positions - standardised contract for physical delivery make it easy to buy or sell with no basis risk
- User friendly tool - simply click and trade
Realtime iron ore price information
- Actual, transparent and objective price data for spot and forward markets
- Pricing intelligence derived from globalORE trading screen is shared with index providers to improve robustness of existing indices
Consultative role in the development of our standard contract, SIOTA
- Market Members have priority in shaping the development of our Standard Iron Ore Trading Agreement (SIOTA)
To learn more about becoming a Market Member, contact us at frontoffice@globalore.net

