Gary Vasey - Author Archive

Tanzanian cashew price hike could lead to global shortage, traders say

NAIROBI (Reuters) – Tanzania’s plan to buy the country’s entire 2018 cashew nut crop could lead to a global shortage, with processors in Vietnam and India likely to be hit first, traders said. President John Magufuli has ordered a 94 percent increase to cashew nut prices to protect farmers from... continue reading

Zero UI – Will it be Adopted in CTRM?

The recently issued Disruptive Technologies report makes for some interesting reading however, it is also what it doesn’t say that might give pause for further thought. The report found that just around 25% of people responding to the survey thought that virtual or augmented reality would have some form of... continue reading

More Application Seen for AI and Blockchain

On the back of issuing our Disruptive Technologies report and recent CTRMRadio podcast on the same topic, a couple of interesting articles appeared today covering conferences in the FinTech sector. The first, an article by Platts, covering the International Swaps and Derivatives Association Technology Forum 2018 in New York, discusses... continue reading

Butterfly effect: Low EU river stirs fuel market 10,000 km away in Singapore

SINGAPORE (Reuters) – Low water levels on the Rhine river have caused a fuel supply deficit in parts of Europe’s industrial heartlands that is sucking up cargoes from more than 10,000 km away in Singapore. Following a long, scorching summer, water levels on the Rhine – a key commodity shipping... continue reading

A Trip to Vienna

Being based out of Brno, Vienna is a stone throw away so I was delighted when UtilityWeek was scheduled to be there. As it happened, the tradeshow/conference also coincided with Visotech’s user meeting and so, I attended both yesterday. UtilityWeek does attract a lot of people – 5000 or so... continue reading

BRAND ENHANCEMENT ALERT: TRADESPARENT ENRICHING THE COMMODITY DATA LANDSCAPE

8 November 2018 – TRADESPARENT the leading commodity Data and Analytics Solution for the trading and processing industries announced the launch of a fresh new website, positioning statement and overall brand enhancement to reflect its successful evolution of the business and foundation for growth.   ONE-STOP-SHOP FOR INTEGRADED DATA MANAGEMENT... continue reading

European automakers BMW, Volvo to trial new LME steel contracts

LONDON (Reuters) – European automakers BMW and Volvo plan to experiment with steel contracts to be launched by the London Metal Exchange early next year, a move which could eventually change the way the industry hedges and prices contracts, industry sources said. The LME is launching three hot rolled coil... continue reading

New CTRMRadio Podcast

We have just issued another episode of CTRMRadio available at this site and also over at soundcloud.com.  The episode looks at disruptive technologies in commodity trading & risk management as a follow up to our popular report on the subject. It features interviews with Dr. Markus Seiser of FIS and... continue reading

CME Group Completes Acquisition of NEX, Creating a Leading Global Markets Company Across Futures, Cash and OTC

Fri Nov 02 2018 CHICAGO and LONDON, Nov. 2, 2018 /PRNewswire/ — CME Group Inc. (Nasdaq: CME) today announced that it has completed its acquisition of NEX Group plc (NXG.L). The combined company will enable clients worldwide to trade futures, cash and over-the-counter (OTC) markets, optimize portfolios and analyze data to efficiently manage risk and... continue reading

DBS, Agrocorp launch blockchain platform for real-time updates on commodity trades

BusinessTimes – A NEW blockchain platform is set to help farmers receive payments for their goods more quickly, enabling parties on the supply chain to look into the sources of their commodities and making it easier for them to learn more details of their trade as well. The platform is... continue reading

TRADESPARENT, the leading Data and Analytics Solution for the commodities trade and processing industry, today releases a white paper on how to conquer your data and master your compliance reporting.

November 1st, 2018. Businesses active in the commodities industry continue to face increased regulatory oversight with requirements differing by region and country. Market participants are faced with a daily challenge; to keep a good overview of their performance and risk exposure. In practice this means having daily, actual and up-to-date... continue reading

Barchart Partners with Blue Ocean Trading Services to Expand cmdtyView Platform Internationally

CHICAGO, Oct. 30, 2018 /PRNewswire/ — Barchart, a leading provider of market data and technology, is pleased to announce a new partnership with Blue Ocean Trading Services. Blue Ocean, a France-based commodity trading services company, will be charged with sales, marketing and customer support of Barchart’s new flagship data platform, cmdtyView® – among other Barchart... continue reading

Black gold, white knuckles: Oil refiners face rollercoaster ride as fuel margins seesaw

SINGAPORE (Reuters) – Oil product margins have been tossed around on a wild rollercoaster ride in October, as factors like impending Iran sanctions, the Sino-American trade war and upcoming new shipping regulations yank fuel profits up, down and back again. Some profit margins, known as crack spreads in the industry,... continue reading

The Vessel Group Completes Allegro Horizon Upgrade at PAR Pacific Holdings

HOUSTON (PRWEB) OCTOBER 29, 2018 The Vessel Group announces that their client, Par Pacific Holdings Inc., one of the largest mid-tier crude and refined products companies in the Americas, has successfully upgraded to Allegro Horizon. The Vessel Group serves functions as Par Pacific’s advisory and software implementation firm. The upgrade from... continue reading

Hedge funds cut bullish bets on oil to lowest for over a year: Kemp

LONDON (Reuters) – Hedge fund managers continued to liquidate former bullish positions in oil last week and for the first time in more than a year clear signs of fresh short-selling emerged. Rising oil production from Saudi Arabia, the United Arab Emirates, Kuwait and Russia has eased concerns about the... continue reading

Focus Switches to Implementation Time and Costs

In a post GDPR world, vendor marketing themes and modes have changed as we have commented on before however, not only has the means of getting a message to market shifted, but the messages have also changed. Last week, a news announcement crossed my desk from Contigo, the UK-based ETRM... continue reading