Commodity markets

Vincent Turcotte joins Eventus Systems as Sales Director, Asia Pacific

Retrieved on: 
Thursday, November 5, 2020
Financial markets, Finance, Commodity markets, Futures exchanges, Turcotte, Futures contract, Intercontinental Exchange, Commodity broker

Turcotte has more than three decades of experience at exchanges, broker-dealers and futures commission merchants (FCMs), most recently as Director, Asia Pacific for Intercontinental Exchange (ICE).

Key Points: 
  • Turcotte has more than three decades of experience at exchanges, broker-dealers and futures commission merchants (FCMs), most recently as Director, Asia Pacific for Intercontinental Exchange (ICE).
  • Reporting to Scott Schroeder, Eventus Global Head of Sales, Turcotte will play a key role in further building on the firm's regional presence, which it established in Singapore in 2018.
  • Turcotte intends to focus initially on growing the firm's client base in Hong Kong, Japan, South Korea, Taiwan, Australia and Singapore.
  • Previously he was Managing Director, Asia Pacific and Head of Futures & Options for Nomura International, beginning in 2011.

ErisX Expands Clearinghouse Capabilities to Support Clearing of All Commodities

Retrieved on: 
Wednesday, November 4, 2020
Technology, Finance, Consulting, Accounting, Professional services, Software, Internet, Data management, Other Professional Services, Financial markets, Commodity markets, Finance, Commodity Futures Trading Commission, Futures contract, Derivative, Exchange, ICE Clear Credit, Options Clearing Corporation

Our clearinghouse platform, composed of our TCS technology and DCO license, now possesses several important distinctions and capabilities not featured with all DCOs, said Thomas Chippas, CEO of ErisX.

Key Points: 
  • Our clearinghouse platform, composed of our TCS technology and DCO license, now possesses several important distinctions and capabilities not featured with all DCOs, said Thomas Chippas, CEO of ErisX.
  • We can clear fully-collateralized futures and swaps related to cryptocurrencies as well as contracts on all other commodities.
  • Eris Exchange is currently the sole DCM for which Eris Clearing provides clearing services.
  • ErisX Futures are offered through Eris Exchange, LLC, a Commodity Futures Trading Commission (CFTC) registered Designated Contract Market (DCM) and Eris Clearing, LLC, a registered Derivatives Clearing Organization (DCO).

OCC October 2020 Total Volume Up 41.1 Percent from a Year Ago

Retrieved on: 
Tuesday, November 3, 2020
Banking, Professional services, Insurance, Finance, Futures exchanges, Financial markets, Finance, Commodity markets, Futures contract, Derivative, Options Clearing Corporation, OneChicago

OCC, the worlds largest equity derivatives clearing organization, announced today that October 2020 total cleared contract volume was 636,709,236 contracts, up 41.1 percent from October 2019.

Key Points: 
  • OCC, the worlds largest equity derivatives clearing organization, announced today that October 2020 total cleared contract volume was 636,709,236 contracts, up 41.1 percent from October 2019.
  • Year-to-date average daily cleared contract volume through October was 28,862,569 contracts, up 46.3 percent from October 2019.
  • Options: Total exchange-listed options cleared contract volume was 633,365,184, up 42.4 percent from October 2019.
  • Futures: Total futures cleared contract volume was 3,344,052, a 48.7 percent decrease from October 2019.

Ring Energy, Inc. Releases Third Quarter 2020 Operations Update

Retrieved on: 
Tuesday, October 27, 2020
Energy, Natural Resources, Mining, Minerals, Oil, Gas, Futures exchanges, Battery Park City, Brookfield Place, CME Group, New York Mercantile Exchange, Commodity markets, Financial markets, Energy economics, West Texas Intermediate, Price of oil

The September 2020 price differential the Company experienced from NYMEX WTI pricing was approximately $2.00.

Key Points: 
  • The September 2020 price differential the Company experienced from NYMEX WTI pricing was approximately $2.00.
  • The Company with its strong hedging component, has, beginning with the 4th quarter 2019, been cash flow positive.
  • The funds from this offering improves our liquidity and ability to expand our current operations.
  • Ring Energy, Inc. is an oil and gas exploration, development and production company with current operations in Texas and New Mexico.

Global Business Spend Management (BSM) Software Market to 2028: Streamlining the Business Processes to Optimize Spending

Retrieved on: 
Friday, October 23, 2020
Articles, Economy, Finance, Commodity markets, Foreign exchange market, Stock market, Financial economics, Fundamental analysis, Business process, Management, Market, Valuation

The current report also comprehends qualitative market valuation factors such as key market drivers, market trends, restraints, and opportunities that give a better market understanding of the global business spend management software market.

Key Points: 
  • The current report also comprehends qualitative market valuation factors such as key market drivers, market trends, restraints, and opportunities that give a better market understanding of the global business spend management software market.
  • What was the market size of the business spend management software market in 2019 and forecast up to 2028?
  • What are the key market trends and high-growth opportunities observed in the business spend management software market?
  • Which is the largest regional market for the business spend management software market?

Hedge Funds Add $5.6 Billion in August for a Third Straight Month of Inflows, According to Backstop BarclayHedge

Retrieved on: 
Wednesday, October 21, 2020
Finance, Money, Commodity markets, Investment, Alternative investment management companies, Hedge fund, Managed futures account, Futures contract

August's inflows represented 0.2% of industry assets, according to the Barclay Fund Flow Indicator published by BarclayHedge, a division of Backstop Solutions.

Key Points: 
  • August's inflows represented 0.2% of industry assets, according to the Barclay Fund Flow Indicator published by BarclayHedge, a division of Backstop Solutions.
  • Data from 6,900 funds (excluding CTAs) in the BarclayHedge database showed Fixed Income funds leading the way for August, bringing in $5.5 billion.
  • Managed futures funds posted a second straight month of inflows in August bringing in $4.9 billion in new assets.
  • BarclayHedge, a division of Backstop, currently maintains data on more than 6,900 hedge funds, funds of funds and CTAs.

Business Spend Management (BSM) Software Market 2020 - Global Forecast to 2028 - ResearchAndMarkets.com

Retrieved on: 
Monday, October 19, 2020
Software, Technology, Small business, Professional services, Business, Economy, Articles, Market structure, Commodity markets, Foreign exchange market, Stock market, Marketing strategy, Fundamental analysis, Market share, Market analysis

The "Business Spend Management (BSM) Software Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2020 To 2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Business Spend Management (BSM) Software Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2020 To 2028" report has been added to ResearchAndMarkets.com's offering.
  • The current report also comprehends qualitative market valuation factors such as key market drivers, market trends, restraints, and opportunities that give a better market understanding of the global business spend management software market.
  • What was the market size of the business spend management software market in 2019 and forecast up to 2028?
  • What are the key market trends and high-growth opportunities observed in the business spend management software market?

Viper Energy Partners LP, a Subsidiary of Diamondback Energy, Inc., Provides Third Quarter 2020 Operational Update

Retrieved on: 
Tuesday, October 13, 2020
Financial markets, Futures exchanges, Commodity markets, Economy of Texas, Petroleum in the United States, West Texas Intermediate, Derivative, New York Mercantile Exchange, Finance, Commodity, Viper, Hedge

MIDLAND, Texas, Oct. 13, 2020 (GLOBE NEWSWIRE) -- Viper Energy Partners LP (NASDAQ: VNOM) (Viper or the Company) today provided an operational update for the third quarter ended September 30, 2020.

Key Points: 
  • MIDLAND, Texas, Oct. 13, 2020 (GLOBE NEWSWIRE) -- Viper Energy Partners LP (NASDAQ: VNOM) (Viper or the Company) today provided an operational update for the third quarter ended September 30, 2020.
  • Diamondbacks forward plan will continue to focus on areas where Viper has a high mineral interest, showcasing the differentiated relationship between the two companies as they navigate this severe industry downturn.
  • Below is Vipers hedge position as of October 12, 2020.
  • The Companys derivative contracts are based upon reported settlement prices on commodity exchanges, with crude oil derivative settlements based on New York Mercantile Exchange West Texas Intermediate pricing.

Intercontinental Exchange Provides Update on Plans to Launch ICE Futures Abu Dhabi and World’s First Murban Crude Futures Contracts

Retrieved on: 
Monday, October 12, 2020
Finance, Oil, Gas, Banking, Energy, Professional services, Commodity markets, Economy of London, Energy economics, Financial markets, Futures exchanges, Benchmark, Indian Basket, Intercontinental Exchange Futures, Futures contract, Intercontinental Exchange, Crack spread, Petroleum

Intercontinental Exchange, Inc. (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of mortgage technology, data and listings services, today provides an update on its plans to launch ICE Futures Abu Dhabi (IFAD) and the worlds first futures contracts based on Murban crude oil.

Key Points: 
  • Intercontinental Exchange, Inc. (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of mortgage technology, data and listings services, today provides an update on its plans to launch ICE Futures Abu Dhabi (IFAD) and the worlds first futures contracts based on Murban crude oil.
  • In November 2019, ICE announced its plans to launch IFAD, with the Abu Dhabi National Oil Company and nine of the worlds largest energy traders partnering with ICE on the launch.
  • The full list of contracts are listed here and include:
    Crude Outright - Murban Singapore Marker 1st Line Future Contract;
    Crude Outright - Murban Singapore Marker 1st Line Balmo Future Contract;
    Crude Outright - Murban 1st Line Future Contract;
    Crude Outright - Murban 1st Line Balmo Future Contract;
    Crude Diff - Murban Singapore Marker 1st Line vs Brent Singapore Marker 1st Line Future Contract;
    Crude Diff - Murban Singapore Marker 1st Line vs Brent Singapore Marker 1st Line Balmo Future Contract;
    Crude Diff - Murban 1st Line vs Brent 1st Line Future Contract;
    Crude Diff - Murban 1st Line vs Brent 1st Line Balmo Future Contract;
    Crude Diff - Murban Singapore Marker 1st Line vs Brent 1st Line Future Contract;
    Crude Diff - Murban Singapore Marker 1st Line vs Brent 1st Line Balmo Future Contract;
    Crude Diff - Murban 1st Line vs WTI 1st Line Future Contract;
    Crude Diff - Murban 1st Line vs WTI 1st Line Balmo Future Contract;
    Crude Diff - Murban 1st Line vs Dated Brent (Platts) Future Contract;
    Crude Diff - Murban 1st Line vs Dated Brent (Platts) Balmo Future Contract;
    Gasoil Crack - Singapore Gasoil (Platts) vs Murban 1st Line Future Contract;
    Fuel Oil Crack - Fuel Oil 380 CST Singapore (Platts) vs Murban 1st Line Future Contract;
    Gasoline Crack - Singapore Mogas 92 Unleaded (Platts) vs Murban 1st Line Future Contract;
    Contracts traded at IFAD will be cleared at ICE Clear Europe, a leading energy clearing house, and will clear alongside the most significant global oil benchmarks - ICE Brent, ICE WTI, ICE (Platts) Dubai and ICE Low Sulphur Gasoil - allowing customers to benefit from associated margin offsets and delivering meaningful capital efficiencies.
  • Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange.

Hedge Funds Post a Second Straight Month of Inflows Adding $10.5 Billion in July, According to Backstop BarclayHedge

Retrieved on: 
Tuesday, September 22, 2020
Commodity markets, Finance, Money, Investment, Alternative investment management companies, Managed futures account, Hedge fund, Futures contract

July's inflows represented 0.3% of industry assets, according to the Barclay Fund Flow Indicator published by BarclayHedge, a division of Backstop Solutions.

Key Points: 
  • July's inflows represented 0.3% of industry assets, according to the Barclay Fund Flow Indicator published by BarclayHedge, a division of Backstop Solutions.
  • Data from 6,900 funds (excluding CTAs) in the BarclayHedge database showed Balanced (Stocks & Bonds) funds leading the way in bringing in new assets, adding $6.7 billion in July.
  • Managed futures funds returned to inflows in July adding $7.2 billion with all four CTA sectors tracked experiencing net inflows for the month.
  • BarclayHedge, a division of Backstop, currently maintains data on more than 6,900 hedge funds, funds of funds and CTAs.