For institutions
Hedge the delay. Trade the movement.
If you move freight, you already price disruption every week. A vessel arrives late and containers miss their berth window; boxes sit at a congested terminal while demurrage and detention charges start to run; a delayed feeder or a late truck breaks the onward connection and the whole booking slips. Today that risk is absorbed quietly — in buffer stock, in padded transit times, in thinner margins. GADUIN turns it into something you can price and trade directly: contracts on whether a specific flight, vessel, or train arrives on time, and on how much cargo actually clears a port or chokepoint. What follows is how operators and trading desks put that market to work.
Flights, ships and trains. Operators cap the delays that hit their P&L; trading desks take the other side.
- Real-time pricing
- Zero fees
- Public-data settlement
- 24/7 markets
For risk managers
Cap the cost of delay.
When a vessel, flight or train runs late, the loss lands on your operation — missed season, idle factory, congestion charges. Buy a contract that pays the moment the delay crosses your threshold.
- Pays on official tracking data — no claims, no adjuster, no operator discretion
- You pick the route, the delay threshold and the time window
- Settles automatically the instant the event fires
For trading desks
A new uncorrelated asset class.
Thousands of live contracts on physical movement worldwide — independent of equities, rates and credit. Take the other side of real hedging flow.
- Zero trading fees
- Transparent, data-driven settlement
- 24/7 markets across flights, ships and trains
Why it works
CME has run delay-style markets for weather since 1999 — energy hedges mild winters, agriculture hedges drought, each contract paying on a published measurement. Twenty-five years has made the model one institutional risk managers already use. We apply it to transport, settled on official tracking data.
Use cases
- Counterparty
- Retailers and importers
- Exposure
- Cargo arriving too late for the season
- What they'd buy
- A contract on whether the carrying vessel reaches its destination port on time
- Counterparty
- Auto and electronics manufacturers
- Exposure
- Delayed parts that idle the factory
- What they'd buy
- A contract on whether a specific inbound flight or vessel arrives on time
- Counterparty
- Tour operators and cruise lines
- Exposure
- A key charter flight or sailing failing to run on schedule
- What they'd buy
- A contract on whether that specific flight or voyage is on time, delayed, or cancelled
- Counterparty
- Travel insurers
- Exposure
- Delay-and-cancellation risk concentrated on the routes they cover
- What they'd buy
- Contracts on the specific flights and routes their policies concentrate in
- Counterparty
- Freight forwarders
- Exposure
- Congestion building at a key maritime chokepoint
- What they'd buy
- A chokepoint-throughput contract on weekly transits through a passage like Suez or Panama
- Counterparty
- Sports leagues, broadcasters, tour managers
- Exposure
- A team, broadcast crew, or talent fails to arrive on time
- What they'd buy
- A contract tied to a specific itinerary
Go deeper
- The prediction market for supply-chain disruption
How the category works, and every supply-chain market type in one place.
- How public-data settlement works
Why there is no adjuster and no operator discretion — markets pay on published measurements.
Talk to us
Have a specific delay-risk exposure, a hedging use case, or a trading question you'd like to walk through? Reach our team directly.
Prefer to explore on your own first? Create a free account and start trading.
GADUIN is not registered with, or licensed by, any securities or derivatives regulator, and the event contracts traded here are not insurance or a substitute for it. Markets settle automatically on official tracking data; nothing on this page is financial, legal, or tax advice.