Goldman’s Commodities Trading Business Is Reportedly Off To The Worst Start In A Decade
Demand for the Indian agricultural products in the global market, the extensive procurement and logistics Network of the Group, prompted the 3F Group to set up its International Trading Division in the year 1962. —(1) No commodity broker shall open a commodity contract account for a customer unless he furnishes the customer with a separate written risk disclosure document which shall be in such form and manner as may be prescribed by the Board, and receives from the customer an acknowledgment signed and dated by the customer that he has received and understood the nature and contents of the disclosure document.
Government policy and reforms initiated by the Modi government would normally take 5-6 years to give results so we are in that process and with introduction of GST, government focus on Make in India, Ease of doing business, Cleaning of Bank assets, Making India Digitial, Financial inclusion, Cashless economy for which demonization implemented all would pave way,” A.K.Prabhakar, Head -Research at IDBI Capital told Moneycontrol.
You will specialise in the analysis of shipping markets and cycles, maritime trade patterns and commodities carried by sea, chartering and ship-broking practices, maritime logistics systems, legal aspects in shipping, the selection of alternative shipping finance and investment methods as well as the development, implementation and appraisal of shipping related risk management strategies.
We need to have a regime that is recognised by the EU as commodity traders have international activities, in the EU and the US, so we need to make sure that the Financial Market Infrastructure Act is equivalent to MiFID II. If Switzerland is not recognised as a regulated country, we will have difficulty operating in Europe”, Graber told at an industry conference in Geneva.
Options will be allowed on only those commodities which have underlying futures trading on the commodity exchanges and on only those commodities which are amongst the top five traded futures in the exchange and have an average traded turnover of Rs 200 crore for agri and agri-processed commodities and Rs 1000 crore for other commodities.
As well as metals like gold, silver and platinum; livestock like pork bellies and cattle; energies like crude oil and natural gas; foodstuffs like coffee and orange juice; and industrials like lumber and cotton, modern futures markets include a wide range of interest-rate instruments, currencies, stocks and other indices such as the Dow Jones, Nasdaq and S&P 500.
KPMG has recently re-issued a publication covering risk management and financial reporting challenges for commodity trading, with the ambition to support the need for a better understanding of how trading commodities works; to unveil some of the activities, often misunderstood, but used by traders to manage risk and to explain how the financial results of these activities are put together and reported.
In the meantime, I would urge my loyal readers here and regular posters to come on over to the new site and give it a go. You are missing out on a great deal of commentary and hopefully valuable insight into what is taking place in the markets and more importantly, the WHY behind the moves in price.
Also, this is the market where fraudulent traders can take off with the clients money, or have the client block funds in their bank account and nothing happens resulting in a waste of time and loss of little money, and worse case putting a bad taste in the clients thinking about this type of activity.
NSE Academy Certified Currency and Commodity Markets aims to teach the students the use of Currency Derivatives as a mode of reducing uncertainties in the currency programme will also enable the participants to understand the fundamental analytical framework to analyse various commodities, as well as the impact of MEIs on commodity prices.After going through this course,the learners will get a clear idea of the trading clearing and settlement mechanisms of Currency Derivatives, various data analysis techniques in commodity markets as well as the scope of MEIs in programmed trading.
Commodities revenues have been weak across all major investment banks in the first half of 2017, dropping 41% year-on-year and reaching their lowest level in more than a decade, according to the data provider Coalition The industry-wide drop was driven by ongoing weakness in energy sales and trading and lower levels of volatility, according to Coalition.
It is linked to trillions of dollars of derivatives trades globally, and if the firm were to implode it would be a financial disaster unlike anything that we have seen in Europe since the end of World War II. Unfortunately, all signs are pointing to an inescapable death spiral for Glencore at this point.
This training program is a good stepping stone for people who are really serious in learning the knowledge of trading in a market filled with wolves and bears who would like to eat up your money from illiterate traders who do not know the abc of trading and are literally gambling in this market.