A global marketplace facilitator for trading coal and a provider of related services. globalCOAL is primarily involved in the following:<ul><li>Publishes SCoTA: A standard coal-trading agreement which combines standard T&Cs relevant to global coal transactions.</li><li>Online trading platform: A web platform for the online execution of coal trades with access to worldwide market participants, real-time market data and automatic trade matching and confirmation services.</li><li>Bespoke brokerage service: A brokerage service to help market players place and source non-standardised physical coal cargoes.</li><li>Price data: Publishes a coal market report with real-time coal market bids and offers. Also provides historical coal price indices.</li></ul>In recent years, globalCOAL worked with ICE to develop standard coal futures contracts.