Commodity markets
Mining companies vulnerable on lack of hedging programmes
A substantial number of mining companies refuse to have a hedging programme, leaving them vulnerable to a possible sharp drop in prices
HSBC enters energy derivatives market
HSBC and Total Oil Trading expect to offer their first products in a few months' time
Hedgers’ dilemma over exchange rules
Pauline McCallion speaks to industry experts to find out what new derivatives regulations could mean for the end-users of energy hedging products
EFET calls for exemptions from mandatory trade clearing
EFET calls for energy companies to be exempted from mandatory clearing as proposed by the European Commission
Singapore's SMX WTI contracts seen struggling against NYMEX and ICE
The Singapore Mercantile Exchange WTI contracts, which offer a WTI contract throughout the Asian time zone, are unlikely to challenge Nymex and ICE, say market players
Markets give backing to WTI as oil benchmark
Strong Q2 trading volumes reassert WTI's place as global pricing benchmark
OTC reform could strengthen support for energy position limits
The debate over derivatives regulation could provide momentum for the Commodity Futures Trading Commission (CFTC) to impose position limits on energy trading proposed in January.
Special report: India's energy derivatives market
Our Special Report for April focuses on India's nascent energy derivatives markets.
Building the blocks for energy risk management in India
The concept of using derivatives for risk management is still relatively new to utilities in India and viewed with caution by market regulators. Katie Holliday talks to market experts about how they expect the discipline of risk management to develop
Energy Risk: What's coming next?
Energy Risk brings you a snapshot of what's moving and shaking the markets with a special look at the Indian energy derivatives sector.
Limits on metal derivatives meet opposition
The commodity market is divided on position limits for metal derivatives.
ETF Securities launches commodity index tracker fund
Exchange-traded funds (ETFs) and currency specialist ETF Securities has launched the first ETF to track the Dow Jones-UBS Commodity Three-Month Forward Index (DJ-UBSCI F3(SM)), following growing investor demand for diversified commodity related products.
JP Morgan and RBS Sempra Commodities agree $1.7bn deal
RBS Sempra Commodities has sold its global oil, global metals, and European power and gas assets to JP Morgan for $1.7 billion.
Element buys stake in Canadian carbon aggregator
Element Markets has invested an undisclosed amount in Agri-Trend Aggregation (ATAI), a member of the Agri-Trend Group of Companies based in Alberta, Canada.
Ice receives CFTC clearing registration
IntercontinentalExchange (Ice) has been granted limited registration by the Commodity Futures Trading Commission (CFTC) as a US derivatives clearing organisation (DCO).
Mexico sees return to normality for oil hedging
Banks’ ability to act as a counterparty is “back to a very normal situation” after the credit crunch, according to one of the designers of Mexico’s oil price hedging programme.
Gensler calls for tighter regulation of dealers
Commodity Futures Trading Commission (CFTC) chairman Gary Gensler refused to detail a timetable for imposing position limits on energy traders today, but called for tighter regulation of dealers in over-the-counter derivatives.
SGX steps ups offering to compete with SMX
The Singapore Exchange (SGX) will introduce a fresh range of commodity products in the first quarter of 2010.
New Indian Commodity Exchange to go live within a week
India's fourth national commodity exchange, the Indian Commodity Exchange (ICEX), is set to go live in less than a week's time, Reuters have reported
Ice to launch ASCI contracts
IntercontinentalExchange (Ice) has introduced more than 40 new over-the-counter cleared energy contracts for North American natural gas, power, natural gas liquids and global oil products, including two contracts based on the Argus Sour Crude Index (ASCI…
US power market exchange expands offering
Nodal Exchange and clearing house LCH.Clearnet have extended expiries on 144 peak and off-peak contracts available on the exchange to include current month plus 48 months forward.