Commodity markets

HilltopSecurities Launches HTS Commodities Division

Retrieved on: 
Monday, August 2, 2021

Hilltop Securities Inc. (HilltopSecurities) today announced the expansion of its commodities brokerage and trading business with the launch of a new division, HTS Commodities.

Key Points: 
  • Hilltop Securities Inc. (HilltopSecurities) today announced the expansion of its commodities brokerage and trading business with the launch of a new division, HTS Commodities.
  • The launch of HTS Commodities with the addition of 12 highly experienced and accomplished commodities and futures professionals is another important step in HilltopSecurities growth plan, said Brad Winges, President and CEO of HilltopSecurities.
  • HTS Commodities will focus on a broad range of commodities and futures trading including livestock, grains, cotton, energy, metals, U.S. market indices, and U.S. and foreign currencies, among other wealth advisory services.
  • HTS Commodities recent hires more than double the size of the firms existing commodities desk with plans to continue its growth throughout other geographic regions.

First Trust Advisors L.P. Announces Distribution for FT Cboe Vest Gold Strategy Target Income ETF®

Retrieved on: 
Friday, July 30, 2021

FTA and its affiliate First Trust Portfolios L.P. ("FTP"), a FINRA registered broker-dealer, are privately-held companies that provide a variety of investment services.

Key Points: 
  • FTA and its affiliate First Trust Portfolios L.P. ("FTP"), a FINRA registered broker-dealer, are privately-held companies that provide a variety of investment services.
  • The fund has characteristics unlike many other traditional investment products and may not be appropriate for all investors.
  • First Trust Advisors L.P. is an affiliate of First Trust Portfolios L.P., the fund's distributor.
  • First Trust Advisors L.P. is registered as a commodity pool operator and commodity trading advisor and is also a member of the National Futures Association.

Round Table Prime: Commodities, Commodity Futures and Commodity Stocks: Allocation and Investment Strategies

Retrieved on: 
Monday, August 2, 2021

As a result, many investors and investment professionals are considering allocation changes, including to commodities, with an eye to guarding against the possibility of sustained higher rates of inflation.

Key Points: 
  • As a result, many investors and investment professionals are considering allocation changes, including to commodities, with an eye to guarding against the possibility of sustained higher rates of inflation.
  • Against this backdrop, DoubleLine Capital has produced this edition of Round Table Prime: "Commodities, Commodity Futures and Commodity Stocks: Allocation and Investment Strategies."
  • Mr. Sherman also serves as portfolio manager on several DoubleLine strategies, including the DoubleLine Strategic Commodity Strategy, and hosts The Sherman Show, a podcast on investment, market and macroeconomic topics.
  • Francisco Blanch heads Global Commodities, Equity Derivatives and Cross-Asset Quantitative Investment Strategies at Bank of America Merrill Lynch Global Research.

First Trust Advisors L.P. Announces Distribution for FT Cboe Vest Gold Strategy Target Income ETF®

Retrieved on: 
Wednesday, June 30, 2021

FTA and its affiliate First Trust Portfolios L.P. ("FTP"), a FINRA registered broker-dealer, are privately-held companies that provide a variety of investment services.

Key Points: 
  • FTA and its affiliate First Trust Portfolios L.P. ("FTP"), a FINRA registered broker-dealer, are privately-held companies that provide a variety of investment services.
  • The fund has characteristics unlike many other traditional investment products and may not be appropriate for all investors.
  • First Trust Advisors L.P. is an affiliate of First Trust Portfolios L.P., the fund's distributor.
  • First Trust Advisors L.P. is registered as a commodity pool operator and commodity trading advisor and is also a member of the National Futures Association.

ICE’s Global Commodities Futures Markets Reach Record Open Interest of 35.2 Million Contracts

Retrieved on: 
Monday, June 28, 2021

On June 24, ICE also hit record high open interest across its global natural gas futures markets of 19.1 million contracts.

Key Points: 
  • On June 24, ICE also hit record high open interest across its global natural gas futures markets of 19.1 million contracts.
  • Basis Markets contracts, is at record high open interest of approximately 22.8 million, with open interest in Henry Hub futures and options up 11% y/y.
  • TTF natural gas, which is used by the market as a global gas benchmark, is at record open interest of 3.2 million across futures and options, up 4% y/y.
  • EU emission allowance (EUA) futures and options open interest is up 9% y/y and the North American environmental complex is at record open interest of more than 1.1 million contracts.

Magellan and Enterprise Team up With Intercontinental Exchange for New Houston Crude Oil Futures Contract

Retrieved on: 
Monday, June 21, 2021

Magellan Midstream Partners, L.P. (NYSE: MMP), Enterprise Products Partners L.P. (NYSE: EPD) and Intercontinental Exchange, Inc. (NYSE: ICE) today announced the establishment of a new futures contract for the physical delivery of crude oil in the Houston area.

Key Points: 
  • Magellan Midstream Partners, L.P. (NYSE: MMP), Enterprise Products Partners L.P. (NYSE: EPD) and Intercontinental Exchange, Inc. (NYSE: ICE) today announced the establishment of a new futures contract for the physical delivery of crude oil in the Houston area.
  • The quality specifications of the new futures contract will be consistent with a West Texas Intermediate (WTI) crude oil originating from the Permian Basin with common delivery options at either the Magellan East Houston (MEH) terminal or the Enterprise Crude Houston (ECHO) terminal.
  • Magellan is pleased to join forces with Enterprise and ICE to offer this leading-edge joint futures contract, said Aaron Milford, Magellans chief operating officer.
  • The new contract improves the transparency, flexibility and marketability of Midland WTI crude oil for Gulf Coast and export customers while maintaining industry-recognized quality and consistency.

Magellan and Enterprise Team Up With Intercontinental Exchange for New Houston Crude Oil Futures Contract

Retrieved on: 
Monday, June 21, 2021

Magellan Midstream Partners, L.P. (NYSE: MMP), Enterprise Products Partners L.P. (NYSE: EPD) and Intercontinental Exchange, Inc. (NYSE: ICE) today announced the establishment of a new futures contract for the physical delivery of crude oil in the Houston area.

Key Points: 
  • Magellan Midstream Partners, L.P. (NYSE: MMP), Enterprise Products Partners L.P. (NYSE: EPD) and Intercontinental Exchange, Inc. (NYSE: ICE) today announced the establishment of a new futures contract for the physical delivery of crude oil in the Houston area.
  • View the full release here: https://www.businesswire.com/news/home/20210621005190/en/
    The quality specifications of the new futures contract will be consistent with a West Texas Intermediate (WTI) crude oil originating from the Permian Basin with common delivery options at either the Magellan East Houston (MEH) terminal or the Enterprise Crude Houston (ECHO) terminal.
  • In support of this new futures contract, Magellan and Enterprise anticipate discontinuing their existing provisions for delivery services under the current futures contracts deliverable at each terminal once the new contract receives regulatory approval and is finalized.
  • Magellan is pleased to join forces with Enterprise and ICE to offer this leading-edge joint futures contract, said Aaron Milford, Magellans chief operating officer.

ICE Reports Record Total Futures and Options Open Interest of 85.8 Million Contracts

Retrieved on: 
Monday, June 14, 2021

Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced record open interest of 85.8 million contracts on June 10, 2021.

Key Points: 
  • Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced record open interest of 85.8 million contracts on June 10, 2021.
  • The record depth of liquidity across ICEs markets is being driven by products including:
    ICE Low Sulphur Gasoil, the global benchmark for refined products, open interest is up 22% year-over-year (y/y) across futures and options;
    ICE TTF natural gas futures, which is at record open interest of 1.96 million contracts, up 21% y/y;
    Interest Rate futures and options open interest is up 32% y/y.
  • Open interest in Sterling and SONIA futures and options is up 54% y/y and by more than 200% y/y, respectively; Euribor open interest is up 7% y/y; and open interest in ICE Gilt futures and options, the highly liquid market benchmark for UK Government Bonds, is up 37% y/y;
    Open interest across ICEs global environmental complex is up 16% y/y at approximately 2.8 million contracts, reflecting the importance of ICEs environmental markets to price climate risk.
  • EUA futures and options open interest is up 22% y/y and the North American physical environmental complex is at record open interest of more than 1 million contracts; and
    Open interest in Coffee and Cotton futures and options is up 6% and 16% respectively y/y.

Kalkine to Launch its 'US Technical Analysis Report' for the US Equity Market

Retrieved on: 
Wednesday, June 9, 2021

Stock market movements depend upon the sentiments of the market participants, and the two prominent emotions include fear and greed.

Key Points: 
  • Stock market movements depend upon the sentiments of the market participants, and the two prominent emotions include fear and greed.
  • Technical analysis is a way to gauge and benefit from these repeated patterns in a short time horizon.
  • Kalkine's US Technical Analysis Report is prepared after extensive research and back testing by a team of technical analysts engaged in quantitative research.
  • To summarize, Kalkine's US Technical Analysis Report is easy to comprehend with actionable insights for opportunities around the potential investment themes.

Cohen & Company Announces Partner Promotions

Retrieved on: 
Wednesday, June 9, 2021

AKRON, Ohio and BALTIMORE and CLEVELAND and MILWAUKEE, June 9, 2021 /PRNewswire/ --Cohen & Company is pleased to announce multiple partner promotions.

Key Points: 
  • AKRON, Ohio and BALTIMORE and CLEVELAND and MILWAUKEE, June 9, 2021 /PRNewswire/ --Cohen & Company is pleased to announce multiple partner promotions.
  • John provides audit and advisory services to cryptocurrency funds, commodity pools, hedge funds, commodity trading advisors and mutual funds.
  • Named one of the fastest growing private companies in the country, Cohen & Company offers assurance, tax and advisory services to clients throughout the U.S. and worldwide.
  • Cohen & Company was founded in 1977; has more than 650 associates in Illinois, Ohio, Maryland, Michigan, New York, Pennsylvania and Wisconsin; and has an international presence in the Cayman Islands and Ireland.