Freight-Sim Beta 16.0
Professional paper trading terminal
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Learn What They Were Trading

Discover the derivatives market mentioned in the 2009 Epstein email.

"Wall Street was shorting shipping futures. The market in freight derivatives (FFA's) now matches the physical market."

— Jeffrey Epstein email, October 2009. U.S. Department of Justice

Forward Freight Agreements (FFAs) are cash-settled derivatives used to hedge or speculate on freight rates. Now you can learn how they work — completely risk-free.

Step 1 of 3

Choose Your Trading Mode

Select the market you want to explore

Freight-Sim Composite Index
Weighted blend of BDRY, SEA, PICK, XME, and USO. Recommended default.
Backfilled to 2000 using available components
Historical Simulation
Trade through 26 years of synthetic freight data day-by-day. Best for learning.
1,847 trading days available
Live ETF (BDRY)
Trade real dry bulk shipping prices. 2018–present.
Live market data • Updated daily 9:00 AM ET
Live ETF (SEA)
Trade diversified shipping exposure. 2022–present.
Live market data • Updated daily 9:00 AM ET
Step 2 of 3

Ready to Trade

Here's what you can do in the terminal

1
Account Summary
Track cash, margin, buying power, and total equity in real-time
2
Place Trades
Go long or short with leverage. Set stops and limits.
3
Risk Metrics
Monitor drawdown, Sharpe ratio, volatility, and win rate
View Tutorial

Choose Your Trading Mode

Select the market you want to trade

Freight-Sim Composite Index
Weighted blend of BDRY, SEA, PICK, XME, and USO. Recommended default.
Backfilled to 2000 using available components
Historical Simulation
Trade through 26 years of synthetic freight data day-by-day. Best for learning.
1,847 trading days available • Synthetic Baltic Index
Live ETF (BDRY)
Trade real dry bulk shipping prices. 2018–present.
Live market data • Updated daily 9:00 AM ET
Live ETF (SEA)
Trade diversified shipping exposure. 2022–present.
Live market data • Updated daily 9:00 AM ET