News
OTC Global Holdings announces new crude options brokerage
New York based interdealer broker, OTC Global Holdings (OTCGH), has launched a new crude options brokerage called Riviera Commodities.
Biofuels get boost from clean energy revolution
The US Government has announced plans designed to boost the use of advanced biofuels through research, investment and the national Renewable Fuel Standard (RFS).
CME to launch grain calendar spread options
The CME Group has announced calendar spread options for corn, wheat, soybeans, soybean meal and soybean oil futures will be available to trade on the exchange from June 1, 2009.
Australia's carbon scheme delayed to 2011
The Australian government has delayed the start of its Carbon Pollution Reduction Scheme (CPRS) to July 2011 and announced a more ambitious emissions reduction target for 2020.
Goldman's commodity record
Record results for first-quarter 2009 commodity trading driven by competitive dynamics, wider margins and liquid transactions
CFTC prepares for carbon role
The CFTC expects to oversee derivatives products associated with carbon dioxide allowances under US federal cap-and-trade scheme
Reliant completes sale and changes name to RRI
Reliant Energy today completed the sale of its Texas retail business to NRG Energy and announced it will change its name to RRI Energy, effective May 2, 2009.
Japanese brokers face testing times
Plummeting volumes in Japan's commodity futures markets have forced many Japanese commodity brokerages out of business. Katie Holliday reports