Gary Vasey - Author Archive

Prague power bourse launches ECC clearing for trades

The Prague-based Power Exchange Central Europe launched new settlement services through Germany’s European Commodity Clearing on Monday, a move officials said would cut costs for bourse members and lower margin limits. The deal announced last October gives ECC, a subsidiary of Leipzig-based European Energy Exchange, a foothold in the east... continue reading

Why commodity markets are in for a rude awakening

Have you ever played Pit? You can think of it as the commodity markets version of Monopoly (only, it’s much more fast-paced). The aim of every Pit player is to be the first to corner the market in one of a number of commodities. The game is a riot, but... continue reading

BKW Energie goes live on second phase of Allegro ETRM

Allegro Development Corporation, a leading provider of energy trading and risk management (ETRM) software, announced today that BKW Energie AG (BKW) completed the second phase of implementation of the Allegro 8 platform. Allegro partnered with Opportune LLP to deploy the solution which will manage BKW’s natural gas, coal and oil... continue reading

capSpire Announces New Allegro Platform Service Offering

Fayetteville, AR; Tulsa, OK; Houston, TX (PRWEB) August 27, 2013 capSpire, a global consulting and solutions company, announces a new service offering focused on assisting clients with the Allegro commodity trading and risk management (CTRM) software platform. capSpire will leverage their deep domain knowledge around commodity trading and risk solutions... continue reading

CFTC Said Near Releasing Plans for Regulating High-Speed Trading

By Silla Brush – Aug 23, 2013 12:01 AM ET The top U.S. derivatives regulator is poised to announce a range of potential methods for overseeing automated and high-frequency trading, according to four people with knowledge of the matter. The Commodity Futures Trading Commission’s four members are within days of... continue reading

AgiBoo Announce Availability of AgiBlocks v.3

Agiboo is proud to announce the release of the latest version of our revolutionary Commodity Trade and Risk Management solution ‘Agiblocks’. This latest release will offer complete support for all commodity trade and risk management activities. Manage complex deliveries and transports with a single touch through our extensive Logistics support.... continue reading

New Enhancement Packages for SAP® Business Suite Consolidate Innovations for Customers

WALLDORF, Germany, Aug. 20, 2013 /PRNewswire/ — SAP AG (NYSE: SAP) today announced a new set of enhancement packages for SAP® Business Suite applications. As a follow-up to the general availability of SAP Business Suite powered by the SAP HANA® platform, announced at SAPPHIRE® NOW in 2013, the new enhancement... continue reading

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