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English definition of “BIFFEX”

BIFFEX

noun
 
 
/ˈbɪfeks/ STOCK MARKET
abbreviation for the Baltic International Freight Futures Exchange: a market in London for trading futures contracts relating to the cost of transporting dry basic materials by sea. The contracts stopped trading in 2001.
(Definition of BIFFEX from the Cambridge Business English Dictionary © Cambridge University Press)
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