Oil futures trading took a dive in 2020 as the pandemic shut down the global economy and the demand for oil collapsed. Now that economies in many parts of the world are returning to growth, supply and demand for oil is moving back to normal patterns. The oil futures markets, however, have changed.
CONTINUE READINGOn 29 April, the National People's Congress, China's top legislature, published the text of a futures law for public consultation. This draft law has also been introduced to the NPC Standing Committee for review.
CONTINUE READINGThe FOA has released guidance on Block Trading and EFRP Negotiation, Execution and Documentation.
CONTINUE READINGThe 2021 announcement that CME will close most of its trading pits caught some by surprise, but it shouldn’t have. We all knew this day was coming, but it doesn’t take the sting out of it
CONTINUE READINGAppointments, promotions and other people news in the derivatives industry
CONTINUE READINGThe UK is poised to launch its own carbon market on 19 May with the first auction of carbon allowances and the listing of futures on ICE Futures Europe
CONTINUE READINGThe transition away from LIBOR passed a key milestone on 11 May when trading in futures based on SONIA, the interest rate benchmark tapped to replace the benchmark in the UK, hit a new high relative to traditional short-term interest rate futures
CONTINUE READINGClients are ready to clear in both London and Frankfurt, but UK access should not be cut off, speakers say at FIA event
CONTINUE READINGFinancial services firms that fail to do so risk underperformance relative to those that do, writes Douglas E Harris, senior adviser at Promontory Financial Group.
CONTINUE READING50,000 trees will be planted each year offsetting an estimated 10,000 tons of CO2
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