Following the announcement of a $16m settlement for market manipulation in wheat futures in the US earlier this week (see here), the CFTC has withdrawn the press release. This article on the Lexology web site by  Gary DeWaalKatten of Muchin…

Energy One Limited is the leading supplier of software and services to the wholesale energy market in Australia offering a range of products including ETRM solutions. It also acquired UK-based ETRM supplier Contigo late last year and now offers similar…

US crude oil stocks posted a decrease of 2.7 MMBbl from last week. Gasoline and distillate inventories increased by 0.3 MMBbl and 2.6 MMBbl, respectively. Yesterday afternoon, API reported a crude oil draw of 3.5 MMBbl, while reporting a gasoline…

The second new crude pipeline in as many weeks has started moving oil from West Texas to the US Gulf Coast, adding to the pool of available light sweet in the region and squeezing the price spread between the two…

(John Kemp is a Reuters market analyst. The views expressed are his own) By John Kemp LONDON (Reuters) – National Grid’s interim report into the blackout which hit Britain earlier this month provides a useful timeline of the faults and…

Exegy Inc., the leading provider of managed services and low-latency technology for market data normalization and distribution, market connectivity and price aggregation, and real-time trading signals, has today announced the addition of IMC equity liquidity venues to its global portfolio…

Today, the U.S. Energy Information Administration (EIA) launches a beta release of its new Hourly Electric Grid Monitor, a redesigned and enhanced version of EIA’s existing U.S. Electric System Operating Data website. The Hourly Electric Grid Monitor incorporates two new…

New business has apparently dried up for Brady (BRY:AIM), the commodities and energy markets trading platform provider, and that means missing forecasts this year. ‘The board has concluded that full year revenue will be circa £19m, and this will have a consequent impact on…

The art of commodity trading requires both skill and expertise to manage a wide range of exposures and then adapt to changing market conditions whilst employing an overall strategy for success. Position visibility is a crucial ingredient in this success….

The traditionally strong correlation between ferrous scrap and iron ore has been eroded by global trade upheavals and economic troubles in Turkey, the largest import market for steel scrap. Previously, the relationship between ferrous scrap and iron ore prices often…

The hard Brexit of the new Premier Boris Johnson will deal the financial industry a blow Frankfurt a.M./Magdeburg, 20 August 2019 – London is still considered as Europe’s largest financial centre; 90 percent of all derivatives traded in euros are…

It with sadness that we learned this week of the unexpected passing of Richard (Dick) Couron, CEO of Trilogy Effective Solutions, this last Saturday. Dick was truly one of the pioneers of the ETRM software category and we at ComTech…

(The opinions expressed here are those of the author, a columnist for Reuters) * LME Tin Price, Spreads and Stocks: tmsnrt.rs/2YZbF9A By Andy Home LONDON, Aug 20 (Reuters) – Fears of a global recession are rising. Industrial metals such as copper…

U.S. petroleum and natural gas production increased by 16% and by 12%, respectively, in 2018, and these totals combined established a new production record. The United States surpassed Russia in 2011 to become the world’s largest producer of natural gas…

Large-scale LNG liquefaction and export facilities are helping to write the demand story for US natural gas reserves. But there is a newer demand factor for that gas: small-scale facilities sending LNG to otherwise little-tapped markets and finding new applications…

Join free webinar organized by Comarch & (ISC)² Tough times call for tough security measures. And to become secure enough, you need strong authentication mechanisms. But…these are sometimes inconvenient. Uncomfortable. Irritable. Or are they? The phone in your pocket may…

Seamless workflow for managing complex instruments saves time and reduces error Jemena, an $11 billion, Melbourne-based company that owns and manages some of Australia's most significant gas and electricity assets, is now live on GTreasury to support its risk management…

Project is being closely watched by banks and regulators amid frustrations with legacy Basel approach Source: Risk feed

CRUDE OIL US crude oil inventories posted an increase of 1.6 MMBbl last week, according to the weekly EIA report. Gasoline inventories decreased 1.4 MMBbl, while distillate inventories also decreased, shedding 1.9 MMBbl/d. Total petroleum inventories posted a build of…

Open Banking Expo has launched its first European event in Amsterdam, in collaboration with Token, which will address the opportunities and risks that Open Banking presents as the financial services sector prepares to roll out the PSD2 directive. With PSD2…