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2008-11-04 18:00:13

LONDON, Nov. 4 /PRNewswire/ -- TFS, part of the Tradition group of companies, has agreed to sell the trademark for the world renowned API coal Indices to Argus Media and The McCloskey Group, the publishers* that provide the data for the Indices' construction. The Indices, formerly known as the TFS API Indices, are used to price over 95% of the world's traded coal derivatives and up to half of all physical coal contracts for the Atlantic Basin. There are no changes as to how the API 2 and...


Word of the Day
holluschickie
  • A 'bachelor seal'; a young male seal which is prevented from mating by its herd's older males (mated bulls defending their territory).
This comes from the Russian word for 'bachelors.'
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