Trading Screen
What is the globalORE trading screen?
- An online trading tool through which our Market Members trade standardised iron ore products
- A fast, anonymous route to standardised iron ore markets
- The best realtime source of spot and forward market price
How does it work?
-
1. Sign up as a globalORE Market Member
2. Download a simple piece of software - you can already see bids and offers on screen, and receive transaction information
3. Agree pre-approved credit terms bilaterally with other Market Members
4. Post prices or execute transactions directly on screen
Once trading begins...
- All transactions are governed by our standard contract, SIOTA
- Only variables for each transaction are price and volume
- Pre-approved credit system allows counterparties to remain anonymous until point of execution
- All transactions executed on screen are communicated to the market via the screen, email and SMS, ensuring full price and volume transparency
- On screen activities are actively supported by globalORE brokers who help create markets and close deals
