Commodity markets
Oil change
George W. Bush ruled that the US Strategic Petroleum Reserve was to be released in significant amounts only in a national emergency. But incoming US president Barack Obama could change that, finds Susan Arterian
Gold and silver trading hits record levels in 2008
Trading in gold and silver reached record levels in 2008, spurred on by the perception of precious metals as a "safe haven" from the credit crisis, according to International Financial Services London (IFSL) Bullion Markets 2009 report.
ICE Clear US to clear agricultural swaps
Intercontinental Exchange (ICE) has announced that ICE Clear US will clear sugar, coffee and cocoa swap contracts on ICE Futures US from late January 2009.
CFTC petitioned to allow clearing of OTC agricultural contracts
Agora-X an electronic trading and negotiation platform for commodities, has petitioned the Commodity Futures Trading Commission (CFTC) to allow the clearing of over-the-counter (OTC) contracts in major agricultural commodities.
ETF Securities close acquisition of Gold Bullion Securities
ETF Securities has completed the acquisition of Gold Bullion Securities’ Exchange Traded Commodities (ETC) products listed on London and Australian Stock Exchanges.
CME allowed to clear OTC ethanol contracts
The Commodity Futures Trading Commission (CFTC) issued an order on October 9th permitting Chicago Mercantile (CME) to clear over-the-counter (OTC) ethanol contracts.
Funds warn against stifling trade
Recent moves to increase regulation in oil markets are stifling trade and won't bring down prices, warn fund managers
CFTC to examine crude oil volatility
Record price movements in the price of crude oil earlier this week have drawn further scrutiny from regulators.
Looking over the counter-arguments
A UK government panel investigating the role of speculators in global crude oil markets has called for more transparency in the opaque over-the-counter (OTC) market, writes Roderick Bruce
ICE cool about further regulation
ICE Futures chairman Bob Reid said today he was “relaxed” about the CFTC regulation of ICE Futures Europe.
CFTC closes ‘London loophole’
The Commodity Futures Trading Commission (CFTC) has moved to impose US position limits and hedge exemption requirements on US customers trading WTI crude oil on London-based ICE Futures Europe.
Trayport to offer Nymex access
Trading software company Trayport is to offer access to New York Mercantile Exchange products through its Trading Gateway System from July
Prices pose challenge for CFTC
The formation of the CFTC's new energy markets advisory committee (EMAC) has proven to be timely. David Watkins reports
CFTC seeks greater energy market transparency
The US Commodity Futures Trading Commission (CFTC) has launched a series of new initiatives with which it hopes to increase the transparency of the energy futures markets.
Crude volatility evaporates OTC liquidity in May
Huge moves in the oil price in May has affected liquidity in the over-the-counter crude options markets as commercial traders struggled to take definitive views, say analysts.
Crude surges past $129
Crude oil reached record highs of $129 a barrel on the New York Mercantile Exchange (Nymex) today as the Organisation of Petrolium Exporting Countries announces it will not be boosting output.
Crude surges past $129
Crude oil reached record highs of $129 a barrel on the New York Mercantile Exchange (Nymex) today as the Organisation of Petrolium Exporting Countries announces it will not be boosting output.
DGCX to launch two new crude oil futures contracts
Two new crude oil futures products will be launched by the Dubai Gold & Commodities Exchange (DGCX) on 27 May.
CFTC energy markets committee members announced
Members of the Commodity Futures Trading Commission’s new Energy Markets Advisory Committee (EMAC) have been named.