Commodities archive
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Trade associations submit letter on Article 9 of REMIT
FIA and several other trade associations have sent a letter to trilogue parties regarding proposed changes to Art. 9 of the Regulation on Wholesale Energy Market Integrity and Transparency (REMIT) concerning the supervision of third country firms. The associations urge legislators to adopt the least burdensome of the pending proposals, which would have third-country firms designate a representative to respond to requests for information. This contrasts with having to establish an office or move principal trading operations to the EU, which would create considerable market access barriers.
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Experts focus on traceability in commodity markets
FIA Expo panelists discuss traceability, the increase in US crude oil exports, and future trends.
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US energy producers reduce hedging to capture upside from higher prices
US oil and gas producers are reducing the amount of protection they are buying against the risk of falling prices, according to an analysis of public disclosures by Wood Mackenzie, the consulting firm.
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Commentary – Three FERC manipulation fact patterns energy traders should watch
David Applebaum, a partner at the law firm of Jones Day and the former director of the Division of Investigations at FERC, will be moderating a panel at the Commodities Forum dedicated to FERC enforcement and regulatory initiatives. MarketVoice asked David to distill some of the FERC enforcement trends that should be top-of-mind for traders and compliance departments.
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CFTC Agricultural Advisory Committee focuses on important role of FCMs
The US Commodity Futures Trading Commission's Agricultural Advisory Committee held a discussion on 19 July on improving access to futures markets for agricultural end-users as well as a presentation about Mississippi River disruptions to grain flows and markets.
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FIA Leipzig forum focuses on energy crisis, commodities regulation
Market participants and regulators gathered in Leipzig to discuss the crucial issues affecting the European energy and commodity markets
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China progresses with Futures and Derivatives Law implementing rules
The China Securities Regulatory Commission has issued several draft regulations for consultation in recent months to enhance and modernise China's derivatives markets.
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EMIR 3.0 under the spotlight at FIA Forum Brussels
Regulators and market participants came together at the FIA Forum Brussels to discuss the latest developments in the cleared derivatives markets in Europe.
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FIA responds to EC consultation on REMIT
FIA, jointly with FIA EPTA and ISDA, has responded to the European Commission’s “Have your Say” on Wholesale energy markets – improving EU protection against market manipulation. This review of REMIT is being discussed by co-legislators alongside a review of the EU’s Electricity Market Design. In the response, the associations voice their concerns regarding several of the draft amendments in the legislative proposal.
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Data Spotlight - SGX iron ore futures set volume record
Iron ore futures listed on the Singapore Exchange are becoming one of the most important commodity futures contracts in the world. In 2022, the total number of iron ore 62% futures traded through SGX reached a record 25 million contracts. That was up 38% from the previous year and almost double the level five years ago.
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