Trucking passes the test for a viable futures market

What makes a successful futures exchange? In the July 2018 issue of Energy Risk magazine, recently retired Icap Energy founder Paul Newman discussed his five tests for a successful derivatives market: “there must be a range of different reasons why firms come to the market; there must be a sufficient underlying spot market; there must be enough volatility; there must be a credible index; and it must be big enough.”  We believe that truckload transportation passes all five of Newman’s tests.