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
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 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
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
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
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
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