Gary Vasey - Author Archive

SoOum Corp Launches Updated International Commodities Trading Platform

NEW YORK, Nov. 16, 2017 (GLOBE NEWSWIRE) — SoOum Corp. (OTCPINK:SOUMD) (OTCPINK:SOUM) (“SoOum” or “the Company”), a Physical Commodities Arbitrage Trading Company offering a web-based International Trade Platform, summarizes its mission and strategy for building corporate governance, and developing a revenue generating platform. The business model of SoOum Corp has always revolved... continue reading

New Platform Targets Ferroalloys and Specialty Metals Trading

Last week, I had a call with Frank Jackel, founder of metalshub, to discuss this interesting initiative in more detail. According to its website, metalshub will provide a digital marketplace for metals and ferroalloys to promote a more efficient and liquid physical market. Established in 2016, metalshub is based in Düsseldorf, Germany... continue reading

Large corn, soybean, wheat trading volumes ‘down to growth of algo funds’

by Mike Verdin Growing levels of investor bets on corn, soybean and wheat derivatives, despite price weakness, reflects mounting interest in the market of algorithmic funds – which have overturned the dominance of swap traders. Ann Berg, a former director of the Chicago Board of Trade, said there was potential... continue reading

Generation10’s Vision Takes Root

G10 has a surprising array of tools, applications, and services available to the commodities business and the company’s growth, at a time when others are retracting, is evidence that these are now finding market acceptance. CEO, Richard Williamson’s objectives for his company seem to us to be spot on with... continue reading

Oil markets cautious on Middle East tensions, increased U.S. drilling

SINGAPORE (Reuters) – Oil trading was cautious on Monday amid ongoing tensions in the Middle East and after a rising rig count in the United States suggested producers there are preparing to increase output. Brent crude futures LCOc1 were at $63.57 per barrel at 0744 GMT, up 5 cents from... continue reading

Boliden (SE) convinced: Dynamics 365 for operations and DycoTrade…

By the end of June a final contract between Boliden (SE) and DycoTrade has been signed, as Boliden has chosen to further develop their ERP platform. Boliden selected Microsoft Dynamics 365 for Operations in combination with DycoTrade to administer their business and business processes. Currently DycoTrade is working on the implementation for Boliden (Sweden,... continue reading

Lacima Targets the Trader’s Desktop with New Risk Tools

I recently spoke to Dr. Chris Strickland, CEO of Lacima. Lacima has today announced a new product line in Lacima Trader and he was keen to update us with regard to that launch. Lacima’s main product has been Lacima Analytics, which provides comprehensive functionality for risk management, valuation and optimisation... continue reading

Sophisticated Analytics For Traders

9 November 2017.  Lacima is proud to announce the launch of the Lacima Trader suite of products designed to meet the needs of the Front Office. Lacima Trader comprises of stand-alone trading, structuring and valuation tools with the ability to drill down into detailed outputs and value drivers. Achieve consistency between Front and Middle office by using Lacima... continue reading

Sky-high stock market has investors looking to commodities

NEW YORK (Reuters) – A growing number of investors are plowing money into commodities, seeking to diversify their holdings on gnawing concerns about a stock market correction as equities scale new highs almost daily. Low interest rates, solid economic growth across the globe and rising corporate earnings have hoisted the... continue reading

IPS-Ingredis selects DycoTrade…

After a thorough selection process, DycoTrade is proud to announce that IPS Ingredis has chosen DycoTrade as business application for the future. IPS-Ingredis holds office in Switzerland, with a most important trading branche in Dubai. “The broad selection of markets that IPS serves is great for DycoTrade. These markets are well known to us, so we are confident that... continue reading

Oracle Utilities Defines Cloud Path for Utilities

WASHINGTON, Nov. 6, 2017 /PRNewswire/ — Cloud for Utilities Summit — Today Oracle Utilities announced it is bringing the benefits of cloud to D.C. as part of the inaugural Cloud for Utilities Summit. The conference offers Oracle Utilities, a leading provider of cloud applications to utilities, the opportunity to put its cloud imperative into practice:... continue reading

‘Peak Oil’ is a Political Statement

The words ‘peak oil’ are a close second to ‘climate change’ when it comes to getting me worked up. For more than a decade, I have been writing articles about peak oil and how it simply isn’t going to happen anytime soon. Despite, being quoted sarcastically in books by left... continue reading

Peak oil? Majors aren’t buying into the threat from renewables

HOUSTON/LONDON (Reuters) – Two decades ago, BP set out to transcend oil, adopting a sunburst logo to convey its plans to pour $8 billion over a decade into renewable technologies, even promising to power its gas stations with the sun. That transformation – marketed as “Beyond Petroleum” – led to... continue reading

Eka’s CTRM software and advanced analytics manage global commodity trading and risk management for the company.

Norwalk, Conn. – November 7, 2017 – Eka Software Solutions, the leading global provider of cloud-based Smart Commodity Management software solutions, announced today that BroadGrain has implemented Eka’s InSight CM – Agriculture and Eka Analytics to support growth across global markets. The implementation enables BroadGrain to better manage trading, positions,... continue reading

Commodity Traders, Energy Majors and Banks Join Forces to Create a Blockchain-based Digital Platform for the Energy Commodity Trading Industry

LONDON, GENEVA, AMSTERDAM and STAVANGER, Norway, November 6, 2017 /PRNewswire/ — In a unique collaboration, several of the world’s largest trading houses, integrated energy companies and banks intend to create and invest in a new venture, which will be managed and operated as an independent entity. The new venture will... continue reading

Oil rises to highest since mid-2015 on Saudi purge, tighter markets

LONDON (Reuters) – Oil prices hit their highest since July 2015 on Monday as Saudi Arabia’s crown prince cemented his power over the weekend through an anti-corruption crackdown, while markets continued to tighten. Brent crude futures LCOc1 were trading 26 cents higher at $62.33 a barrel by 1012 GMT, after... continue reading