Negative pricing – why it happens and its implications
13 May 2020 • 10:30 AM - 11:30 AM ET • WebinarThe crude oil price drop to below zero last month took many market participants and observers by surprise. Yet this development, amid exceptional market conditions as a result of the global COVID-19 pandemic, was itself not entirely unprecedented. This educational webinar discussion from FIA will provide information on the context of this move to negative pricing, as well as how and why this can occur in certain markets. FIA’s President and CEO Walt Lukken will be joined by exchanges and market participants to provide valuable insight on this development/market phenomenon.
| Moderator: | Walt Lukken, President & CEO, FIA |
| Speakers: | Rob Creamer, President & CEO, Geneva Trading Mike Davis, Director, Oil Market Development, Intercontinental Exchange Michael Haigh, Global Head of Commodities Research, Societe Generale
Kari Larsen, Partner, Perkins Coie
Derek Sammann, Senior Managing Director, Global Head of Commodities & Options Products, CME Group
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This webinar is intended for informational purposes only and is not intended to provide investment, tax, business, legal or professional advice. Neither FIA nor its members endorse, approve, recommend, or certify any information, opinion, product, or service referenced in this webinar. FIA makes no representations, warranties, or guarantees as to the webinar’s content.
