Browsing: commodity pricing

Posts Tagged ‘ commodity pricing ’

National Market System: What to End; What to Mend

Oct 14th, 2018 | Filed under: Algorithmic and high-frequency trading, Newly Added, Regulatory, Regulatory Environment, Business News, The A.I. Industry, Commodities

The Principal Traders Group of the Futures Industry Association (FIA PTG) recently offered its thoughts on market structure, outlining one direction of reform for the Securities and Exchange Commission’s Reg NMS. Reg NMS (National Market System) was promulgated in 2005, in order to ensure competition among markets, and in theRead More


Cotton and Tin: Spots and Futures

Jul 11th, 2012 | Filed under: Commodities

It is this backwardation, then, that is the normal situation on Keynes’ view, and the contrary situation (“contango” as it has come to be called), the one in which futures prices are higher than, and over the life of the contract decline toward, the spot price, is extraordinary. Nonetheless, contango happens. Indeed, it happens sufficiently often to have inspired a contrary theory, the theory of storage.Read More


A Paradox: Avoid Correlation by Following the Trends

Apr 2nd, 2012 | Filed under: Commodities, CTA, Institutional Investing

According to its advocates, trend following as a strategy works from the premise that price trends represent a process of consensus building. As a new idea takes hold, "the earliest adopters of this idea place their trades in accordance with it" and they get to watch in satisfaction as "a growing mass of market participants adopts the same thesis. Early adopters can surf the wave to the beach.Read More


Algo Trading: Life in the Cross-Hairs

Mar 8th, 2012 | Filed under: Hedge Fund Regulation, Algorithmic and high-frequency trading

Three lawyers with Covington & Burlington write about the new intensified scrutiny to which regulators are subjecting algorihtmic and high frequency trading. They place it in the context of an old dispute over what constitutes market manipulation. According to the broadest view, if a trader's 'sole intent' in making even a quite ordinary buy or sell order is to move the price, then the resulting trade is market manipulation.Read More


Looking at an Ink Blot, Seeing a Green Light

Sep 26th, 2011 | Filed under: Commodities

International Monetary Fund research shows that speculation does not influence the commodities markets.Read More


Elephant in the Room: Washington’s giant hedge fund.

Feb 24th, 2010 | Filed under: Hedge Fund Industry Trends

Strain really hard and the IMF's recent announcements on commodities and gold almost appear as if they're talking up the markets ahead of deploying some sort of massive carry trade. Read More