Current management As of 2019, the current management includes: Chief Executive: Mark Jackson Chairman, Baltic Exchange Council: Denis Petropolous Chief Financial Officer and company secretary: Mark Read Chief Commercial Officer: Janet Sykes Communications: Bill Lines BIFFEX BIFFEX, the Baltic International Freight Futures Exchange, was a London-based exchange for trading ocean freight futures contracts with settlement based on the Baltic Freight Index. It started trading dry cargo freight futures contracts in 1985, and was modestly successful for some years. All contracts were cleared by the ICCH (International Commodity Clearing House), later renamed LCH.Clearnet (London Clearing House). A tanker freight futures contract was introduced in 1986, but never became popular and was suspended indefinitely the same year. Volumes in the dry cargo contracts dwindled over the years, and the contracts ceased trading due to lack of liquidity in 2001. Premises The exchange was located at 24–28 St Mary Axe in the City of London until it was destroyed in a 1992 bomb. The grandeur of the original building can be appreciated in an engraving by Finnemore from 1918. It is now located at 107 Leadenhall St, London. It has further offices in Europe, Asia, and the United States. Notes References External links Official web site, www.balticexchange.com Service companies of the United Kingdom Economy of London Ship management Futures exchanges Commodity markets in the United Kingdom 1744 establishments in Great Britain