SSY Futures Ltd partner with Green Tiger Markets Pte Ltd
SSY Futures Ltd, the leading brokerage for Asian electricity, has today announced its partnership with Green Tiger Markets Pte Ltd to act as the exclusive broker to their leading-edge, over-the-counter electricity platform in the Philippines and Singapore.
SSY Futures Ltd is delighted to be working with Green Tiger Markets Pte Ltd and the Singapore and Philippine electricity market participants in this fast-growing area. SSY Futures Ltd is committed to developing these markets and continues to expand its global energy brokerage business into new and exciting markets, leveraging its position as the number one broker in Japanese and Singaporean electricity futures.
Head of SSY Energy Derivatives, James Whistler commented –
“SSY is delighted to be partnering with Green Tiger Markets to help the Philippines develop its electricity and wider energy markets. We strongly believe the ability to transact in a competitive and transparent marketplace will help participants effectively manage their risks and be of substantial value to the Philippine economy.”
John Knorring, CEO of Green Tiger Markets added – “Green Tiger Markets is thrilled to partner with SSY Futures. We are confident that the combination of our innovative platform and SSY Futures - Asia’s leading electricity broker - will not only accelerate the growth of both the Philippines and Singaporean energy markets, but will also have a meaningful, long-lasting impact on these economies.”
For further information regarding energy derivatives at SSY Futures Ltd please contact James Whistler.
+65 6854 7126
For further information regarding Green Tiger Markets Pte Ltd please contact Matt Kelber.
Simpson Spence Young press contact
Media Relations: Issued by Navigate PR on behalf of Simpson Spence Young. For further details please contact Alex Wood.
T: +44 (0)77 3053 5104
About SSY Futures Ltd
SSY Futures Ltd is one of the largest Dry Bulk and Freight derivatives brokerages in the World, with brokers in London, Singapore and Stamford. SSY Futures specialises in the steel complex and base metals derivatives as well as Forward Freight Agreements, with a new energy business targeting gas and power contracts. SSY Futures is a wholly owned subsidiary of Simpson Spence Young.
About Simpson Spence Young
Established in 1880, Simpson Spence Young (SSY) is the world's largest independent shipbroker. Our 400 employees cover each major market including dry cargo chartering, tanker chartering, LNG chartering and projects, ship sale and purchase, chemical chartering, consultancy and research, futures and towage.
SSY has a global reach, with offices in London, Singapore, Houston, Shanghai, Stamford - USA, Sydney, Geneva, Bergen, Hong Kong, New York, Mumbai, Madrid, Oslo, Sao Paulo, Copenhagen, Tokyo, Vancouver, Dubai, Varna and Zug.
About Green Tiger Markets Pte Ltd
Green Tiger Markets Pte Ltd (GTM) develops and operates derivatives marketplaces that facilitate the forward hedging of price on a financial basis. Marketplace participants buy or sell Forward contracts with other participants who have opposing price risk management needs.
GTM’s mission is to support the growth and development of new and underserved markets through transparency and price discovery. In support of this mission, GTM built an innovative and flexible proprietary platform that allows new products to be launched quickly and the market to be configured based on the needs of the market participants.