What is Baltic Exchange?

Legal Definition
The Baltic Exchange is the provider of information on maritime transportation markets, used for the trading and settlement of physical and derivative contracts. It was located at 24–28 St Mary Axe, London, until that building was destroyed by a bomb in 1992, and is now located at 38 St Mary Axe. It has further offices in Europe and across Asia.
-- Wikipedia
Legal Definition
The freight market that ships dry bulk cargo. A broker arranges the shipping. It's situated in London and also sells ships and shipping agreements. It was started in 1744. The full name is Baltic International Freight Futures Exchange. Refer to balitic in