Risk & Energy Risk Commodity Rankings 2012 - metals
Testing your metal
The metals market may account for a relatively small slice of global derivatives volumes, but the uncertainty it faces is no less intense than that affecting other asset classes. Gold and silver had a volatile 2011, heightened sensitivity to counterparty risk is changing collateralisation practices, and new capital rules are restricting the ability of banks to transact large, long-dated trades. In the US, incoming rules on position limits may also make the latter more difficult.
In October last
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