	biffex looking to join new futures exchange the baltic international freight futures exchange biffex said it agreed to pursue negotiations with other futures markets on the baltic exchange with a view to merging into a new futures exchange legal advisers have already been instructed to implement amalgamation of the london potato futures association the soya bean meal futures exchange and the london meat futures exchange the london grain futures market has also discussed merging with the other markets the aim of the merger is to seek recognised investment exchange status as required by the financial services act reuter 
