Commodities archive
-
CFTC advisory committee on agriculture holds first meeting since 2021
On 7 December, the US Commodity Futures Trading Commission held its first meeting of the Agricultural Advisory Committee (AAC) under the sponsorship of Chairman Rostin Behnam.
CONTINUE READING -
FIA, ISDA and AFME publish position paper on European Commission Market Correction Mechanism Proposal
FIA, ISDA and AFME have published a position paper on the European Commission’s “Market Correction Mechanism” proposal for natural gas prices in the European Union. The associations urge policymakers to avoid imposing any price cap on the wholesale gas market.
CONTINUE READING -
Commodities market participants discuss impact of geopolitics at Expo
Panelists at FIA Expo discussed the resilience of global commodity markets amid the significant disruptions of the last year. However, there is still room for the industry to improve even though markets continued to function well.
CONTINUE READING -
Clearing rules for energy markets in focus at Expo
Panelists discuss EU measures to tackle energy crisis
CONTINUE READING -
FIA asks FERC to limit scope of communications rule
FIA has offered comments to the US Federal Regulatory Commission (FERC) regarding a proposed rulemaking that would substantially expand the scope of communications that are subject to FERC’s enforcement authority.
CONTINUE READING -
FIA makes recommendations on circuit breakers
The current energy crisis has been driving prices of natural gas to record levels, impacting households and businesses. The European Commission has reacted by tasking the European Securities and Market Authorities to review different areas of the market, including the use of circuit breakers by energy trading venues. In a letter to ESMA and the European Commission, FIA makes recommendations and emphasizes controls should not be used to cap prices.
CONTINUE READING -
Viewpoint – Responding to the European energy crisis, as a community
As we enter the colder months at the end of the year, natural gas prices around the world remain incredibly volatile after hitting record highs recently. This is particularly the case in Europe, where I recently visited policymakers in Brussels and Paris with FIA board members. In our conversations, the energy crisis crowded out every other issue on our agenda – and with good reason.
CONTINUE READING -
Energy crisis under the spotlight at FIA Forum Paris
FIA continued its European forum series in Paris on 22 September, where the industry and regulators gathered to discuss the key issues and themes impacting the cleared and listed derivatives markets.
CONTINUE READING -
FIA responds to CFTC Request for Information on climate-related financial risk
FIA has responded to the US Commodity Futures Trading Commission (CFTC) Request for Information (RFI), which sought public comment on climate-related financial risk to better inform its understanding and oversight of climate-related financial risk as pertinent to the derivatives markets and underlying commodities markets.
CONTINUE READING -
US oil and gas producers shift to 'rainy day' hedging strategies as prices rise
US oil and gas producers have changed how they use derivatives to hedge price risk in the energy markets, cutting back on the overall level of protection and switching to options-based strategies, according to an analysis of public disclosures by Wood Mackenzie, the consulting firm.
CONTINUE READING
