International Trade & Development - , ,
The IOSDA is an interest organization for participants in the Iron Ore and Steel derivatives markets worldwide and will at all times aim to act in the best interests of its members for the benefit of the market place in which its members transact. The association will aim to act as a useful mechanism for problem-solving and liquidity building and attracting input that can be used to the benefit the market as a whole. The IOSDA will be an independent organization for principals, brokers and clearers and will aim, to:• Raise awareness and promote the trading of the iron ore and related derivatives• Promote education and knowledge among market participants• Promote high standards of conduct amongst market participants.• Develop and promote the use of standard contracts;• Develop and promote commonly accepted forward curves for contract settlement and historical analysis of markets• Encourage the development and use of independent market indices• Provide a forum for brokers and principals to resolve problems as they arise• Develop the use of other "over the counter" and exchange traded derivative products for Iron Ore and related price risk managementMembership of the association is open to all stakeholders in the Iron Ore and related markets worldwide, with a specific interest in trading, broking or clearing of derivatives contracts related to these markets.
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