Gary Vasey - Author Archive

Compute Derivatives: The Next Big Thing In Commodities?

Imagine being able to build a data center with a guarantee that a portion of your future capacity will be bought at a certain price for an extended period of time before you even built the data center? A new group of companies are working on making this kind of... continue reading

Commodity markets will go dark if shutdown continues: Kemp

(The author is a Reuters columnist. The opinions expressed are his own.) By John Kemp Oct 2 (Reuters) – If the U.S. government shutdown continues for more than a few days, commodity markets will find themselves flying blind, as the public servants responsible for producing statistics on which traders and... continue reading

EU policy-makers grapple with scope of commodity trade law

By Barbara Lewis BRUSSELS, Oct 2 (Reuters) – European Union policy-makers have alarmed traders with plans to impose size limits on physical commodity deals, a step campaigners say is needed to crack down on speculators blamed for pushing up food and energy prices. The proposed changes to EU rules that... continue reading

Allegro Announces Enhanced Midstream, Logistics, Credit and Workflow Functionality Read more about Allegro Announces Enhanced Midstream, Logistics, Credit and Workflow Functionality

Allegro Development Corporation, a leading provider of energy trading and risk management (ETRM) software, announced today the release of Credit 8.2, Logistics 8.1, Midstream 8.1 and Workflow 8.1. “Our goal is to provide value to our customers through truly innovative products and solutions so they can keep pace with the... continue reading

Broad Swathe of US Inc. Urges Fed to Go Easy on Wall Street

A swathe of some of America’s biggest industrial firms including Boeing and UPS warned the Federal Reserve that restricting Wall Street’s trading in physical commodity markets could harm their business. The Fed is reexamining a decade-old rule that allowed banks to trade in raw materials, as well as their associated... continue reading

Brady Adds Standard Chartered Bank for Metals

Brady, the leading supplier of trading and risk management solutions for metals, recycling, energy and soft commodities, is pleased to announce that Standard Chartered Bank has selected Brady as its partner of choice to manage its trading and risk management requirements for all of its London Metal Exchange (“LME”) traded... continue reading

Brady Sees Cloud Potential

Patrick and I spoke yesterday to Gavin Lavelle, CEO of Brady. Mr. Lavelle sounded remarklably upbeat having just returned from a very well attended user group meeting in Madrid and on the back of signing a ‘very large and significant’ license deal. The new license deal is with Standard Charted... continue reading

Commodity Trader Didn’t Really Believe in Market Prices

By Matt Levine I enjoyed this Commodity Futures Trading Commission action from last week against a trader named John Aaron Brooks. Brooks traded commodities for an unnamed bank until October 2011, when he “exceeded internal trade limits on cattle futures” and was told to unwind all his positions and go... continue reading

China Approves Egg Futures Trading

So who is for ETRM as in Egg Trading & Risk Management Software???? Beijing, September 29 (BNA) – China Securities Regulatory Commission (CSRC), the country’s top securities regulator, announced that it has endorsed the Dalian Commodity Exchange (DCE) to carry out egg futures trading. The (CSRC) said that the futures... continue reading

European Regulations, ETRM Software, Ovals and Bacon Butties – A Day at Contigo’s User Group Meeting

Last week I had the pleasure of visiting and speaking at the Contigo User Group meeting held at the The Oval cricket ground. The event was well organized and very useful to get a catch up from Contigo as well as mingle with several old colleagues and many industry people.... continue reading

CFTC Should Delay Oct. 2 Swap-Trading Deadline, O’Malia Says

By Silla Brush The U.S. Commodity Futures Trading Commission should delay an Oct. 2 registration deadline and give swap-trading platforms more time to meet Dodd-Frank Act regulations, Commissioner Scott O’Malia said. Trading platforms, known as swap-execution facilities, are rushing to meet the deadline and don’t have technology in place to... continue reading

Contigo to unveil EMIR and REMIT solution at EETS

Contigo, the leading provider of Energy Trading and Portfolio Risk Management (ETRM) solutions, is delighted to announce its attendance at the 6th Annual European Energy Trading Summit (EETS) in Barcelona as exhibitors on the 26th and 27th September. During the event, Contigo will be unveiling its solution to the new... continue reading

Hedging recyclate commodities market challenging, says industry

A proposal to introduce financial instruments to hedge volatility in the recycling market provoked a mixed reaction from industry, with some sceptical about its feasibility and some welcoming the idea.—recycling-and-waste-management&contentID=2182... continue reading

Agiboo Releases VaR Module for Agiblocks

Agiboo announced the release of its VaR module for its Agiblocks CTRM platform last week and more details may be found here. Agiblocks is a significant new addition to the CTRM software landscape and Agiboo’s initial focus is in the agricultural commodities space but the solution is multi-commodity. It is... continue reading

Agriculture coalition says CFTC proposal will harm futures market

WASHINGTON, Sept. 24, 2013– National farm, ranch and agribusiness organizations asked Commodity Futures Trading Commission (CFTC) commissioners to change proposed rules regarding futures market customer protections. The letter sent by 21 agricultural groups on Sept. 18 asserted that the capital charge and residual interest provisions of a proposed rule will... continue reading

China to Start Trading Thermal Coal, Bitumen Futures

SHANGHAI–Chinese market players will soon be able to trade two energy futures contracts, according to the country’s two major commodity exchanges. Thermal coal futures will start trading on the Zhengzhou Commodity Futures on Sep. 26, while bitumen futures will have its debut on the Shanghai Futures Exchange on Oct. 9.... continue reading