Commodities/Foreign exchange
TD makes play for commodities market
International launch of new precious metals trading business builds on previous efforts
Regulator re-opens speculation debate
At the first of three hearings on possible methods to control oil price speculation today, the Commodity Futures Trading Commission (CFTC) chairman called for serious consideration of the need for position limits in energy trading.
Market uncertain over oil price direction
Analysts at investment banks are divided in their views over the average price of crude oil for the rest of 2009 and into 2010.
Airlines to face €1 billion carbon bill in 2012
Aviation's entry into the European Union Emissions Trading Scheme (EU ETS) in 2012 is set to cost the sector €1 billion, a report by carbon analysts Point Carbon has shown.
Senate investigates speculation in wheat market
Several market participants appeared before a Senate subcommittee today to discuss the effect of excessive speculation on the price of wheat futures.
Deutsche Bank lists hedge fund and carbon ETFs on LSE
Deutsche Bank has listed its hedge fund exchange-traded fund on the London Stock Exchange. The listing of the Ucits III compliant ETF, based on the db Hedge Fund Index, which follows the launch of a euro-hedge version on the Xetra Frankfurt in March, is…
Carbon market VAT scrutiny shifts to Climex
The Dutch government has announced changes to the way carbon permits will be taxed, following concerns about a 49% leap in volumes on Dutch carbon exchange Climex in June. The growth came despite an overall drop in trading volumes across all European…
Trayport links cleared OTC energy trades to LCH.Clearnet
Trading software provider Trayport has announced that it will now offer automated clearing for energy OTC trades on LCH.Clearnet.
Nabucco pipeline construction deal agreed
Five transit countries have signed an agreement to construct the €8 billion, 3300 km Nabucco natural gas pipeline.
Carbon traders reject EDF Energy’s price floor calls
Carbon market participants have criticised calls by EDF Energy chief executive Vincent de Rivaz for a carbon price floor.
Oil & gas sector stung by Obama budget proposals
Tax changes proposed in President Obama's 2010 budget have raised concerns in the US oil & gas industry about supply security and price volatility. Pauline McCallion reports