Ready to catch fire


One only has to look at our people news recently to see the importance that financial firms in Asia are attaching to commodities. New commodities heads are popping up wherever you look, and a desire to gain a foothold in energy trading is clearly a big driver of this trend.

Which is hardly surprising, given recent events. The Dubai Mercantile Exchange - a new venture backed by the venerable New York Mercantile Exchange (Nymex) - will launch the first Middle East-based sour crude oil contract