5 Blockers for blockchain in commodities*
[vc_row][vc_column width=”1/2″][vc_column_text]1. Legal certainty Much discussion has been had on the legality of digital versions of existing paper such as bills of lading and warehouse receipts. As an example, very few jurisdictions globally fully support the complete dematerialisation of paper. This is one of the reasons that the leading market infrastructure organisations employ a depository […]
Taking back control
One particular trend we’re seeing increasing activity in is that of emerging economies who produce specific commodities looking at ways to ‘reclaim’ some of the ‘value add’ that occurs around the commodities supply chain which today benefits the large, international infrastructure providers. Many commodities in emerging economies are produced (mined, grown, etc.) locally and yet […]
The trouble with transparency
An increasing focus on moving opaque OTC business into a more transparent approach has started to impact the commodities world. For example, in India, a long troubled market, the relatively new regulator SEBI has started addressing the complex historic situation there around physical markets. The government body that regulates the physical aspects of commodity […]
Improving Confidence in the Commodity Markets
[vc_row bg_position=”center center” css=”.vc_custom_1547740302342{margin-right: 15px !important;margin-left: 15px !important;background-image: url(https://kynetix.com/wp-content/uploads/2016/04/Improve-Confidence.jpeg?id=660) !important;}”][vc_column][vc_empty_space height=”540px”][vc_column_text css_animation=”zoomIn” css=”.vc_custom_1547741004523{background-color: rgba(170,170,170,0.35) !important;*background-color: rgb(170,170,170) !important;}”] “The need to restore and promote trust, confidence and transparency in commodity markets, where goods are globally traded, but rely on human intervention at almost every point in their lifecycle, is now essential.” [/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][ra_section_title style=”default” title=”Download the whitepaper […]
LME deploys LMEshield to support Belt and Road initiative
The London Metal Exchange (LME) today announces a strategic alliance with Henry Bath & Son Ltd, CMST Development Co Ltd and Mercuria Energy Trading to list warehouses for the LME’s new LMEshield repository in regions along China’s ‘The Belt and Road’ routes. In collaboration with a broad group of warehouse operators, physical commodity traders and […]
Kynetix and Wisereach announce partnership
The two firms, leading suppliers of software and consulting services to exchanges, clearinghouses and the investment banking sector, are committing to provide joint product development & technology solutions to deliver business solutions including new service and contract launches as well as market improvements for participants in the global derivatives industry. This will leverage on the […]
The commodities ‘Hokey Cokey’
As the latest round of banks and investment houses announce their retreat from commodities, it strikes me that we may have been here before. Some might be concerned that as well-known names like Barclays and JP Morgan withdraw from elements of their commodities business, this is an asset class with limited opportunities. However, there is […]
London Metal Exchange and Kynetix partner to deliver a global commodity custody solution
This service will allow metal owners to lodge their warehouse receipts in a secure depository, with electronic transfer, pledging and administration functionality. The system will be hosted on Sentinel, the market-leading electronic custody solution provided by Kynetix, and will be underpinned by the LME’s longstanding expertise in authorising, coordinating and auditing a global metals warehousing […]
Post-trade malaise in managing exceptions
With regulatory bodies around the globe placing ever increasing emphasis on operational risk for derivatives (both ETD and OTC), it seems that many enterprises in this market place have still to get to the optimum position. Why is this? A recent conversation with a senior manager at a global Tier 1 investment bank revealed that […]