BIFFEX MEMBERS TO BALLOT ON MERGER Members of the Baltic International Freight Futures Exchange (BIFFEX) are to be balloted at the end of this week on whether it will merge with the London Commodity Exchange or come under a new umbrella of Baltic futures exchanges, a BIFFEX official said. The final decision will be left with the BIFFEX board, which will meet at the end of this month, he said. Last week three exchanges currently trading on the Baltic Exchange, the London Potato Futures Association, the GAFTA Soya Bean Meal Futures Association and the London Meat Futures Exchange, instructed legal advisers to implement a merger.