Falling iron ore prices are ramping up market liquidity to the extent that hedge funds are entering the market as a China proxy
Australian bank unveils commodity index in bid to better reflect China market influence
The iron ore derivatives market is setting new volume records fuelled by higher volatility and increased involvement from Chinese participants. Although financial players are waiting for liquidity to achieve critical mass, dealers say iron ore has the...
Forging a new benchmark
Credit Suisse has announced the completion of the first cleared coking coal swap transaction, based on a new over-the-counter cleared contract on the CME
The over-the-counter energy and commodities market is being pushed to Asia by fears over Western regulatory changes, says managing director of technology provider Trayport
Swap volumes set to rise as new agreements between steel miners and mills set to overturn current pricing system
Efforts by miner BHP Billiton to create an iron ore index that would represent the underlying benchmark for a series of derivatives instruments appear to be floundering as Chinese steel producers press hard for pricing advantage. Kathleen Kearney reports
Commodities participants are used to volatility. But the price moves that have taken place during the past year are almost unprecedented and have made life extremely tricky for many market participants.