Nagoya Commodity Exchange's (Ngcx) to Launch Commodities Futures Contract Thermal Coal

Aichi Prefecture, Japan -- (SBWIRE) -- 10/21/2014 -- Trades will be cleared by the Nagoya Commodity Exchange’s Clearing Corporation, which is wholly owned by Nagoya Commodity Exchange. The contract will be cash-settled using the Thermal Coal Index reference price published by Nagoya Commodity Exchange (ngcx.org). The Thermal Coal Index is the leading measurement of the price differential between Thermal Coal and light Imported Thermal Coal used by market participants in the physical market.