Free membership and the right to distribute data to clients are among the sweeteners on offer from the Singapore Exchange (SGX) to win the long-term commitment of panellists who contribute to Baltic Exchange indices as part of its takeover bid for the freight information provider.

In return, panellists — some of which are not Baltic shareholders and sceptical of the bid — would have to sign a formal agreement that would bind them to contribute for the next three years and not furnish any rival market benchmarks, among other issues.

Securing