Ernst & Young launches survey on how companies manage volatility in commodity Prices

/India PRwire/ - Professional services firm Ernst & Young today released its survey entitled, “Commodity price risk management survey 2008” ... . Relatively simpler instruments like forward and futures were used by more than 92% of the respondents [more...]

Date: 2008-12-16 11:56:06

Blog posts (31) | Videos (1)
 

The oil-major prop desks cometh

Proprietary trading (Wikipedia): The term used in investment banking to describe when the firm's traders actively trade stocks, bonds, options, commodities, or other items with its own money as opposed to its customers' money, so as to make a profit for itself. Not so easy anymore says former Sempra Metals-economist turned Reuters columnist [more...]

Date: 2008-11-06 09:21:39

Strikes cripple normal life...

The nation was hit by a couple of potentially crippling strikes - one by transporters and another by oil sector officers ... commodities. The home minister said the Government would take firm action against oil company ... to the Government's woes, with supply of essential commodities hit partially. Some states invoked [more...]

Date: 2009-01-11 14:18:00

News Roundup: Geojit and Jhunjhunwala Set Up Commodities Broking Firm

Tata Capital Plans to Raise Rs 500 Crore for its PE Business - Non banking financial company, ... interface (API) from NSE for its currency futures segment. In fact Omnesys made a fresh allotment [more...]

Date: 2008-12-18 04:11:01

“Trading in this economy can be rought, especially in the NFL betting sector,” said Havlik Olivieri, a portfolio manager with Glasscock Brocks Brothers INC.

Cuffari Colinger and Edward Sajorda, both CEO’s of their respective firms, have decided to lay off some poor performing employees, ... of a fast turnaround,” said Cheryle Solwold, a commodities broker for Corrina Lorenz and Son’s Firm, “ [more...]

Date: 2009-01-01 05:00:14

Vultures

Nothing to see here, just move along: Regulators had long classified a private Swiss energy conglomerate called Vitol as a trader that primarily helped industrial firms that needed oil to run their businesses. But when the Commodity Futures Trading Commission examined Vitol’s books last month, it found that the firm was in fact [more...]

Date: 2008-08-21 14:42:10

Sources: Obama taps GOP lawmaker, senior regulator

... a nongovernment regulatory group for securities firms, is also a former head of the Commodities Futures Trading Commission and former member of the SEC. She has been appointed to government posts [more...]

Date: 2008-12-18 02:08:05

Oil Speculators. WP: Regulators had long classified a private Swiss energy conglomerate called Vitol as a trader that primarily helped industrial firms that needed oil to run their businesses. But when the Commodity Futures Trading Commission ... of fuel. Even more surprising to the commodities markets was the massive size of Vitol's portfolio [more...]

Date: 2008-08-21 13:45:50

Oil Prices and Speculation

The Washington Post says the scale of speculative activity in commodities markets is larger than previous estimates indicated: A Few Speculators Dominate Vast Market for Oil Trading, by David Cho, Washington Post ... helped industrial firms that needed oil to run their businesses. But when the Commodity Futures [more...]

Date: 2008-08-21 07:42:00

The Economy: Peter Schiff- "Beware the Bond Bubble"

“In the beginning, there was a Nasdaq bubble. When the air went rushing out of it, a housing bubble formed, ... in the emerging markets, in oil, and in other commodities. Pop, pop, pop, pop. Can there possibly ... Capital, a brokerage firm based in Connecticut. He's one of a small number of financial pros who called [more...]

Date: 2009-01-07 15:25:00

Ct Reverses Position on Biz Methods Patents ? Which Industries Hurt?

A number of industries, including financial services firms and internet retailers, have anticipated a ruling from the U.S ... in commodities trading developed by Bernard Bilski and Rand Warsaw. (Here’s the breaking news story ... , banking, accounting and software, particularly hard. “You’re going to see fewer applications [more...]

Date: 2008-10-30 09:21:00

END OF YEAR COMMENTARY

END OF YEAR COMMENTARY January 2, 2009 by david.pennington. by Michael M ... moving them up to record prices. I received a call this morning from a commodities broker who told me that the Comex is alerting various futures firms about the potential of a squeeze on the December [more...]

Date: 2009-01-02 06:33:43

Accountants Hot Commodities in Slowing Economy

Job seekers face one of the most challenging job markets in more than a decade ... firms anticipating more regulation and facing increased scrutiny, auditors will be hot commodities [more...]

Date: 2008-12-18 10:30:09

WHY ETFS

Carl Delfeld Carl Delfeld is head of the global advisory firm Chartwell Partners and editor of Chartwell Advisor ... baskets of stocks, currencies or commodities. Some ETFs offer relatively low-risk, broadly [more...]

Date: 2009-01-08 15:50:06

Obama Appoints Mary Schapiro

Barack Obama has named Financial Industry Regulatory Authority chief executive Mary Schapiro as chairwoman of the Securities and Exchange Commission. Schapiro is a former SEC commissioner who also headed the commodity futures trading commission and is now the head of Finra, which inspects U.S. brokerage firms, writes rules for those selling [more...]

Date: 2008-12-22 17:47:01

Obama has raised a full $395,574 from employees and PACs of the now-bankrupt Lehman brothers

Second only to Hillary Clinton. Chris Dodd and Chuck Schumer did quite nicely, too; McCain is seventh among the firm’s favorite pols ( ... and the sale of Merrill Lynch fed expectations of another big liquidation of commodities holdings ... institutional investors were major participants in the commodities boom of the past year, helping [more...]

Date: 2008-09-15 18:49:55

in Financial Press | Short Selling | Trading There were a sew of articles in the papers today about just how much money those damned shorts are ... Partners I, from various commodity-related investments, among other areas. It isn't necessarily ... by Spitalfields Advisors, the London-based firm specializing in securities lending, show. Almost [more...]

Date: 2008-07-24 16:26:57

ARM and Hammer: Bailout Ascends Toward $2.25 Trillion

by anderson Barry Ritholtz at the Big Picture points to the ballooning size of the financial bailout, which is now leaning toward $2 ... requirements by the Commodity Futures Modernization Act. During the early 2000s, the Federal Reserve ... ratio. After the 2004 exemption, firms levered up as much as 40 to 1. Not surprising, the five brokers [more...]

Date: 2008-10-15 17:59:36

Investment Banks, By the Numbers

At the beginning of 2007 the five major investment-banking firms (not including those, such as J.P. Morgan Chase & Co ... tons, both on bets in currency and commodity markets, and on the trading of those assets ... billion Merrill Lynch financial advisors, second quarter 2008: 16,690 Bank of America financial [more...]

Date: 2008-09-16 15:09:09

Mary Shapiro Will Watch Your Stock Account like a Blind man

Mary Shapiro, the new head of the SEC is old news to me and represents more of the same, not change. She was head of the CFTC when I was a commodities broker and the commodity scams under her eagle ... Futures Association (NFA) which, as one might expect, was staffed by the biggest firms in the business [more...]

Date: 2008-12-18 21:50:00

U.S Market Update

- Equity markets have begun the week in positive territory, helped by declining commodity prices. Oil futures have shed about $4/bbl and gold has fallen this morning as the dollar has firmed ... % in Chicago led by Wheat while August natural gas is off close to 5% despite the formulation [more...]

Date: 2008-07-07 15:35:29

US subsidiaries of chemical firm LyondellBasell file bankruptcy

US subsidiaries of chemical firm LyondellBasell file bankruptcy New York/Rotterdam - US subsidiaries of Dutch-based chemical producer ... » Metal prices from London Commodities Exchange 6 January 2009 » Frankfurt Stock Exchange ... on Tuesday announced the biggest changes in the history of its iTunes online media store, saying [more...]

Date: 2009-01-07 06:34:10

VC Open Letters: Alternative Economic Energy: not just a concept but a realistic practice for these Times

| Posted by martindudziak This is written for the benefit of both entrepreneurs (I am one, clearly, even if reluctantly) ... future, also by well-established firms. The credit crunch. The consumer confidence drop and purchasing ... "alternative economic energy" as a very real practice and commodity. It is also, btw, something [more...]

Date: 2008-10-31 01:03:33

Tak PERLU keliling DUNIA: risiko adalah risiko, krisis = risiko + peluang

Value at Risk - VaR What Does Value at Risk - VaR Mean? ... commodities. VaR is able to measure risk while it happens and is an important consideration when firms [more...]

Date: 2009-01-04 12:38:00

Afternoon Reading: Lehman’s Plans Don’t Impress the Internet

After weeks of speculation, Lehman Brothers finally laid out its plan. The Wall Street firm forecasted a fiscal third-quarter loss of $3 ... what a pickle the firm is in. The firm’s current liquidity should pacify traders for a while. But unless ... , Fuld has a rich “golden parachute.” Tidbits Lehman souvenirs are a hot commodity, reports [more...]

Date: 2008-09-10 10:25:00

"China may be heading for a severe economic slowdown"

The dreary forecast comes from Eric Fishwick, chief economist at CLSA, an Asia-focused private equity firm ... , monthly national power output in October fell for the first time in a decade. Traders in Singapore said it could be a slump that would have a huge negative impact on global commodity demand: ferrous [more...]

Date: 2008-11-08 03:14:31

"More Speculation about Those Oil Speculators"

A Washington Post article claiming that one firm, Vitrol, "at one point in July,.. ... , and so on. If light sweet alone, are we talking about just futures, or futures plus options? Or is Cho ... in commodity prices. Jim Hamilton throws cold water on this idea. He has other objections to the article [more...]

Date: 2008-08-22 07:24:00

Gold slips 1 percent as dollar firms and oil slides

Gold slips 1 percent as dollar firms and oil slides filed in Business on Jan.02, 2009 ‘) ... late on Wednesday, the last trading session of 2008. U.S. gold futures for February delivery fell ... as a hedge against oil-led inflation and as rising crude prices often increase interest in commodities [more...]

Date: 2009-01-02 20:56:24

Analysis: Nomura report on Indian Companies

Japanese equity research firm, Nomura Securities, released “Titans- Heroes- Mortals” report on Asian Companies which will give an idea about the ... and were prime beneficiaries of falling commodity prices. 4. We continue to have a bias [more...]

Date: 2009-01-05 18:38:00

FMCG firms in a fix over pricing strategy

While stable raw materials prices have spelt relief for most FMCG companies, they are still having a tough time in defining the future pricing strategy. Most have indicated ... or reduced the size of their products to combat the rise in farm commodity prices and packaging costs. [more...]

Date: 2008-09-10 10:45:57

Mining firms urge revision of windfall tax

Mining firms urge revision of windfall tax Written by Fridah Zinyama Thursday, January 08, 2009 2:15: ... at the inability of government to predict major economic turning points.“For example, neither the commodity [more...]

Date: 2009-01-08 01:16:00

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