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Aspect Targets Metals

Published by Gary Vasey
I recently had a briefing from Aspect Enterprise about its ambitions to add metals functionality particularly for concentrates. Today, I was given a quick update. Aspect is targeting a fully functional multi-commodity version of its platform by Q3/Q4 and seems to have made significant progress already in steel, precious metals and base metals. As well as having an existing metals trading customer (Orka, a Geneva-based aluminium & zinc trader), Aspect is working... continue reading

Updating the Evolution of the Vendor Landscape

Published by Patrick Reames
With the SunGard's recent purchase of Energeya, and with Allegro now entering the consolidation fray with their acquisition of Just Commodity, we may be starting to see deals flow again after a somewhat quiet 18 to 24 months. While there is clearly a bit of slump continuing in the market for new... continue reading

STOP PRESS – Allegro Acquires JustCommodity

Published by Gary Vasey
Allegro announced this morning that it has acquired JustCommodity, the leading Asia-Pacific vendor of CTRM software specifically in the Ags and Softs arena. This is the first acquisition... continue reading

2015 CTRM Conference Taking Shape

Published by Gary Vasey
We are very pleased to announce that Chris Seiple, Genscape’s Managing Director of Power who comes with a wealth of experience in the power data field will be one of the... continue reading

Catching Up With Agiboo

Published by Gary Vasey
Earlier this week, Agiboo announced that Tereos Commodities had selected its Agiblocks CTRM software. Tereos is the world’s fifth-largest sugar group, and is specialized in processing sugar beet, sugar cane and cereals. It also has leading positions... continue reading

Remembering Jon Arnold…..

Published by Gary Vasey
Today, I was looking up an old colleague in order to make a connection to him for a client only to discover with some considerable shock that Mr.... continue reading

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News

EPA Loses at U.S. High Court on Power-Plant Emissions Rule

Published 29 June 2015 - (Bloomberg) by Greg Stohr and Mark Drajem – The U.S. Supreme Court ruled against the Obama administration’s effort to limit toxic pollution from the nation’s coal-fired power plants, leaving the fate of a landmark environmental regulation in doubt. The 5-4 decision went against an Environmental Protection Agency mercury rule that forces utilities to shutter old coal plants or invest billions of dollars in equipment to clean up the emissions from their smokestacks. The court said the EPA should have considered the costs and benefits before deciding whether to impose limits on the toxic emissions. “The agency must consider cost -— including, most importantly, cost of compliance -— before deciding whether regulation is appropriate and necessary,” Justice Antonin Scalia wrote in the majority opinion. “Reasonable regulation ordinarily requires paying... continue reading

U.S. light oil exports double in May, mostly to Europe

Published 29 June 2015 - (Reuters) By Catherine Ngai and Florence Tan – U.S. exports of ultra-light crude, also known as condensate, have doubled since the start of the year, with most shipments headed to Europe, according to traders familiar with the deals and data from an energy consultant. The United States exported between 120,000 and 140,000 barrels per day (bpd) of condensate last month, according to traders and ClipperData, which tracks ships and terminal loadings, up from about 60,000 bpd at the start of the year. The condensate is lightly processed through stabilizers due to rules banning crude exports in the United States, now the world’s third-largest oil producer. The rise comes as more companies look to take advantage of the ability to ship the oil overseas, including to places like... continue reading

Crude Oil Ends Below $60 Amid Oversupply as Volatility Sinks

Published 26 June 2015 - (Bloomberg) by Moming Zhou – Crude oil ended below $60 a barrel as near-record U.S. production prolonged an... continue reading

European policymakers seek more cross-border power trade-draft

Published 23 June 2015 - (Reuters) by Barbara Lewis and Karolin Schaps  – An EU-wide system for cross-border intra-day power trade needs to... continue reading

Speculators Retreat From Oil as OPEC Oversupply Crowds Out Shale

Published 22 June 2015 - (Bloomberg) by Moming Zhou – Hedge funds reduced both bullish and bearish bets on oil for a fourth... continue reading

Glencore to pay new entity in global chain to market coal

Published 22 June 2015 - Swiss-based mining giant Glencore says it will pay a new entity within its global chain to market and... continue reading

Deutsche Bourse trading platform to power Hungarian intraday electricity market

Published 19 June 2015 - Deutsche Börse Market Data + Services and Hungarian Power Exchange Ltd. (HUPX)... continue reading

CME Group Announces First Trade of New European Power Contracts on CME Europe

Published 18 June 2015 - LONDON, June 18, 2015 /PRNewswire/ — CME Group, the world’s leading and most... continue reading

ESMA to rethink EU MiFID II financial thresholds for energy companies

Published 18 June 2015 - Brussels (Platts)–17Jun2015/1236 pm EDT/1636 GMT EU financial authority ESMA is rethinking its... continue reading

Commodity Technology Advisory LLC Publications

2015-2020 CTRM Market Outlook

Commodity Technology Advisory LLC (ComTech), the leading analyst firm covering commodity trading and risk management (CTRM) technology markets, has recently completed its biannual in-depth review of the CTRM software market space in order to compile an estimate of the size of the global CTRM technology market and prepare an outlook for growth across the various component submarkets that comprise it. Readers of this report should be aware that in the development of this data, as in past years, we must delineate boundaries for the companies and applications reflected in the scope of the analysis.

‘CTRM’ is a term that has been widely adopted by many technology companies. “Traditional” CTRM vendors have been expanding their reach outside of what has been widely and traditionally accepted as core CTRM through acquisition of applications that would commonly be viewed as tools for managing and optimizing supply chains and as such, without adjusting vendor reported results to eliminate these non-CTRM capabilities, we would be overstating the size of the market directly related to commodity trading and risk management capabilities. As such, for this report, ComTech has utilized a fairly rigid view of what capabilities are encompassed within the bounds of CTRM.

Value Study: Investing in E/CTRM in Turbulent Times

The only constant is change echoes an astute observation by the Greek philosopher, Heraclitus, some 2,500 years ago. Those of us who are engaged in the world of commodities are continually reminded of the accuracy of his observation, particularly recently, as commodity prices collapsed led by crude oil. In fact, our industry is continually impacted by changes in the regulatory environment, supply/demand balance, global economic environment, technology developments, political intervention and more.

Recently, BP noted in its annual Energy Outlook1, “Today’s turbulence is a return to business-as-usual. Continuous change is the norm in our industry. The energy mix changes. The balance of demand shifts. New sources of energy emerge, such as shale gas, tight oil, ultra-deepwater oil or renewables. Economies expand and contract. Energy production and consumption are affected by disruptions, from wars to extreme weather. New policies are created to address climate change or bolster energy security.“

Change is the very lifeblood of the commodity trading world, creating opportunities for profit for those who are swift and responsive enough to act. Good traders make money in up or downwards moving markets, provided they are armed with up-to-the-minute data and the analytical tools needed to identify, analyze and manage their trading decisions. However, depending on market direction, other market participants might be caught in a more problematic situation and experience cash flow and/or profitability issues should price movements undermine their naturally long (producers) or short (consumers) positions. Nonetheless, if the company has the right tools at its disposal to track up-to-the-minute changes, and properly and effectively manage its exposure to those changes, then value can be protected and in some situations, profits might be made.

CTRM Community

Morning markets: wheat prices ease, as US crop rating holds

Published by agrimoney
Wheat prices fall, as data shows US crops failing to deteriorate despite the Midwest rains hurting corn and soybeans. Still, data later will be key Read... continue reading

Chicago wheat scores, unusual, premium over Kansas rival

Published by agrimoney
Soft red winter wheat futures for July may, despite being of lower specification than hard wheat, achieve an unusual close at a higher price Read More... continue reading

Three Out of the Four Top Global Agriculture Companies Use Eka’s Agriculture Trading, Risk, and Supply Chain Software

Published by Commodities Now
Stamford, CT, 30 June 2015 Eka Software Solutions, the leading global provider of Smart Commodity Management software solutions, announced today three out of four of the... continue reading

China Oil Demand Climbes 8.2% YoY

Published by Commodities Now
Beijing, 30 June 2015 China‘s apparent oil demand* in May increased 8.2% from a year earlier to 43.80 million metric tons (mt), or an average 10.36... continue reading

U.S. Oil Glut An EIA Invention?

Published by Commodities Now
"Nathalie Darge" <[email protected]> 0 0 2015-05-19T11:31:00Z 2015-06-29T13:51:00Z 1 784 4472 Isherwood Production 37 10 5246 14.0 Normal 0 false false false false EN-GB JA X-NONE In... continue reading

Bragging rights: So who is the world’s top oil producer?

Published by Platts Blog
Earlier this month, BP’s latest Statistical Review unintentionally reopened a debate into whether the US has regained the crown as the world’s top oil producer after... continue reading

FSSAI asks states to step up surveillance for safety of oil, milk, water

Published by Food and Beverage News
Y S Malik, CEO, FSSAI, has stressed upon safety of commodities such as oil, milk and water, and called upon states and Union territories to step... continue reading

Packaged wheat flour market growth 19% CAGR; may reach Rs 7500 cr: Ikon

Published by Food and Beverage News
Though the wheat flour market is largely dominated by local chakki mills in India, the branded packaged wheat flour segment is emerging rapidly in the country... continue reading

Industry Voices

Iron Ore: swapping the physical for the paper trade

Published by Ami Katschinski
By Ami Katschinski, Trayport’s Head of Global Commodities, offers his views on the future of the global iron ore market The iron ore markets have... continue reading

Are you ready for the digital revolution of recruitment?

Published by Carl Vellenoweth
Every good company knows that it’s most important asset is its staff, right? That a good hire can keep a business afloat through low points... continue reading

November CTRM recruitment update with Carl Vellenoweth

Published by Carl Vellenoweth
In this month’s article, I would like to cover the involvement of social media, CTRM recruitment, and the growing demand for Metals CTRM talent. As... continue reading

Bets on crude surge ahead of OPEC meet

Published by Gary Vasey
MUMBAI: November 27 meet to decide on whether to cut crude output Retail level traders and professional speculators have been raising wagers on crude oil... continue reading

REMIT Emerges – The Rise of Transaction Surveillance in the Energy Industry

Published by Yasmine Li
Introduction In a world of ever increasing globalisation, markets which were once discrete have become increasingly interlinked and none more so than the wholesale energy... continue reading

October CTRM Recruitment Trends with Carl Vellenoweth

Published by Carl Vellenoweth
Post CTRM Conference Feedback In this months article, I would like to echo some of the topics mentioned at this years CTRM Conference in London,... continue reading

September Recruitment Update by Carl Vellenoweth

Published by Carl Vellenoweth
Nowadays, the recruitment market has a somewhat tarnished reputation along with other services within this sector. A good parallel example are the system integrators with... continue reading

Deutsche fined over 4.7M GBP for trade reporting errors – Is it time to panic? – Some thoughts

Published by Aviv Handler
Last week the FCA published a final notice against Deutsche Bank fining them just over £4.7 million (after a settlement discount). The fine was for misreporting... continue reading

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  • Commodity Technology Advisory is the leading analyst organization covering the ETRM and CTRM markets. We provide the invaluable insights into the issues and trends affecting the users and providers of the technologies that are crucial for success in the constantly evolving global commodities markets. Our team is headed by Patrick Reames and Gary Vasey, a team whose combined 60-plus years in the energy and commodities markets provides depth of understanding of the market and its issues that is unmatched and unrivaled by any analyst group.
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