Meaning of “BIFFEX” in the English Dictionary

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"BIFFEX" in Business English

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uk /ˈbɪfeks/ us 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)