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Free App to follow freight and commodity swaps markets

Freight Investor Services, a UK-based broker of freight and commodity swaps, has launched a free mobile App that helps users keep an eye on the markets it covers.

Available for both iOS and BlackBerry devices, the FIS App indicates market prices for dry freight, iron ore, steel and scrap, coking coal, fertilizers and fuel oil. It also displays forward curves and historical spot prices. And it provides FIS daily reports, including closing curves, commentaries, spreads and ratios.

The App is available in both English and Mandarin and users can customise it to deliver the prices, reports and chart data for the commodities and contracts that are of most relevance to them.

FIS managing director John Banaszkiewicz said: “Today’s freight and commodity swap markets are unrecognisable from when FIS was founded 10 years ago. We have seen the development of new liquidity, new products, new services like clearing and new entrants who want to access information on the move. The FIS App enables these players to keep up to speed with the market, putting our prices, daily reports and forward curves on a mobile platform for the first time.”

The FIS App can be downloaded for free by visiting the App Store or Blackberry App World. Links to download locations can also be found on the FIS website. Users must register for an account and will receive confirmation of access on approval by FIS.

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