Clarkson Data Shows That Iron-Ore Swaps Advanced in London

Oct. 12 (Bloomberg) -- Iron-ore swaps rose in London trading, according to Clarkson Securities Ltd., a unit of the world’s largest shipbroker.

Fourth-quarter contracts rose 0.5 percent to $111 a dry metric ton by 3:13 p.m. in the U.K. capital, Clarkson data show. The derivatives fell 2.6 percent yesterday.

To contact the reporter on this story: Isaac Arnsdorf in London at iarnsdorf@bloomberg.net

To contact the editor responsible for this story: Stuart Wallace at swallace6@bloomberg.net