
Regulators focus on physical and financial market links
Regulators focus on physical and financial market links
International regulators met in London in November to discuss the interactions between the physical and financial markets for energy. The regulators reviewed current regulation for commodity futures and derivatives markets and the relationship between the financial and cash commodity markets. While recognising that physical markets were beyond the jurisdiction of securities and derivatives regulators, they agreed on the need to seek greater transparency in these markets.
The regulators stressed
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