Gary Vasey - Author Archive

J.P. Morgan Set to Launch Sale of Commodities Business

BY CHRISTIAN BERTHELSEN J.P. Morgan Chase & Co. has told potential buyers of its commodities assets that it expects to kick off sale efforts in early September. The bank plans at that time to circulate a memo that details the balance sheets and profitability of its physical-commodity assets, according to... continue reading

Jaspersoft Business Intelligence Put JustCommodity’s Customers on the Forefront of Market Information to Improve Trading Insight and Productivity

SINGAPORE, Aug. 20, 2013 /PRNewswire/ — Jaspersoft, the intelligence inside applications and business processes, today announced that JustCommodity has selected Jaspersoft BI to provide its customers with customized business intelligence reporting. With today’s increased market volatility, organizations need to be on the forefront of market and trading information to make... continue reading

Prices and P/L – There’s an App for That!

Trading natural gas and/or power in Europe means dealing with multiple exchanges, market operators, regulators, authorities and other bodies. Each region or country has its own infrastructure and access rules such that the more regions/countries that you trade in the more of a nightmare of operational risks it becomes. Yes,... continue reading

ComTech Advisory’s First Survey

Yes, our first research survey is now underway and it is to support our joint research project with ETR Advisory on European Regulations. The survey won’t take much of your time but the results may be very helpful to you so please do consider doing it. Many Thanks. Click here... continue reading

Metal bashing

THE deepening relationship between America’s judicial system and its biggest banks has reached the world of metals. The Commodities Futures Trading Commission (CFTC) has reportedly issued subpoenas to Goldman Sachs, JPMorgan Chase and others as it investigates complaints that banks and other owners of metals warehouses have been hoarding metals... continue reading

Malawi’s First Commodity Exchange Delivered by InterContinental Systems’s Technology Solutions

KATHMANDU, Nepal and SINGAPORE, Aug. 16, 2013 — KATHMANDU, Nepal and SINGAPORE, Aug. 16, 2013 /PRNewswire/ — InterContinental Systems (ICS) is pleased to announce that AHL Commodities Exchange Ltd. (AHCX) has successfully started live operations in Malawi using exchange technology provided by ICS. AHCX is a newly formed commodity exchange... continue reading

Africa’s Agriculture Commodity Exchanges Take Root

by Eleanor Whitehead a reporter at This is Africa, focusing on business, policy and development across the continent. A handful of African countries are setting up commodity exchanges in an effort to develop agricultural markets and improve food security. Are they the key to Africa’s agricultural growth? When Ethiopia set... continue reading

Feds digging deeper into commodities-manipulation investigation

The Commodity Futures Trading Commission has subpoenaed a metals warehousing firm as part of an inquiry into possible commodities manipulation, according to a report by Reuters. Previously, US lawmakers have publicly questioned big banks’ and other firms’ practice of shuttling large stores of aluminum from one warehouse to another in... continue reading

Resurging $ may put commodity markets under pressure

Mumbai, Aug. 11: Commodity prices have most often been impacted by the value of the dollar. The greenback’s strength over the last two years has surely placed a lid on upward price movement in most commodities, although admittedly the firming of the dollar has stalled against some currencies in recent... continue reading

U.S. cracks apart London’s commodity market omerta: Kemp

By John Kemp Aug 8 (Reuters) – “See no evil, hear no evil, speak no evil” might well have been the motto for Britain’s commodity market regulators in recent years. In too many instances, light-touch self-regulation by the exchanges, overseen by the Financial Services Authority (FSA), now reincarnated as the... continue reading

SCA Technologies Offers New Capabilities for Supply Chain Risk Management

Pittsburgh, PA (PRWEB) August 07, 2013 SCA Technologies, the leading provider of category sourcing and cost management solutions announced the release of significant new capabilities for supply chain risk management. Today food service and food manufacturing companies alike are challenged with soaring commodity prices and increased volatility. The expanded SCA... continue reading

How Things Change aka Cycles

Back in 2005 a colleague asked me if I had noticed the hedge funds trading energy commodities. The fact was I had no idea what a hedge fund was nor why they would be trading energy. However, that question resulted in a number of initiatives that included the then Energy... continue reading

Analysis: Commodity funds on track for big launch year in uncertain market

(Reuters) – An ex-Glencore (GLEN.L) oil trader and a veteran grains merchant are among those behind the largest number of commodity fund launches in 3 years despite investor worries the multi-year rally in those markets is over. A dozen hedge funds trading raw materials derivatives on discretion were launched in... continue reading

DEALTALK-Morgan Stanley may sell minority stake in commodities unit

Aug 6 (Reuters) – Morgan Stanley is exploring various options for its multibillion dollar commodities business, with the sale of a minority stake being one possibility, three sources familiar with the situation said on Monday. The business, which includes three U.S. power plants, a 49 percent stake in a tanker... continue reading

JPMorgan Buys UBS’s OTC Commodity Derivatives Portfolio

JPMorgan Chase & Co. (JPM), which said last month it plans to get out of the business of owning and trading physical commodities from metals to oil, bought the over-the-counter commodity derivatives portfolio of UBS AG (UBSN), which is exiting most of its raw-materials trading. The transaction includes on-exchange hedge... continue reading

capSpire Launches New Software Selection Services for Commodity Trading Companies

Fayetteville, AR; Tulsa, OK; Houston, TX (PRWEB) August 06, 2013 capSpire, a global commodity trading consulting and solutions firm, announces a new service offering to assist and guide companies through the process of selecting commodity trading and risk management (CTRM) software solutions. With the influx of new and updated technology... continue reading