IS Prime has created a new spread index swap offering, allowing clients of the ISAM Capital Markets Group to trade indices and oil with variable spreads.
Commodities & Resources
Professional investors are forecasting a surge in commodities trading over the next 12 months as the so-called commodity supercycle takes effect, new global research from blockchain-based derivatives trading platform CloseCross shows.
Energy-focused hedge funds are capitalising on oil’s continuing price surge, as the commodity hit its highest level since 2018 this week.
Hedge fund managers that trade across the oil market and energy equities spectrum have generated eye-catching double-digit returns this year, as bullish bets built around price rises driven by reopening economies pay off.
Altana Wealth, the credit, currency and special situations-focused hedge fund led by former Trafalgar Asset Managers co-founder Lee Robinson, is making bumper returns from distressed opportunities within the global oil services sector, where companies have been clobbered by Covid-19.
StoneX Financial Pte Ltd (StoneX), a subsidiary of StoneX Group Inc, has become an Overseas Intermediary of the Dalian Commodity Exchange (DCE), Shanghai International Energy Exchange (INE), and the Zhengzhou Commodity Exchange (ZCE), giving it the ability to offer access to key Chinese commodities futures contracts available to international clients.
Blockchain platform Lohko has teamed up with London-based tech firm Mattereum to launch a new ownership model of physical goods that will enable verifiable gold non-fungible tokens (NFTs) to be traded on the blockchain and attached to carbon offsets.
Energy-focused hedge fund Westbeck Capital has bagged its sixth consecutive monthly gain, as it “aggressively” tapped into buying opportunities during last month’s steep oil correction.
Gresham Investment Management, the diversified commodities and futures pioneer, has raised USD30 million for a new strategy which taps into growing investor demand for actively-managed commodity exposure amid signs of a new bull market in the sector.
Commodities hedge fund Westbeck outflanks benchmarks, as oil correction offers “big buying opportunity” in Q2
The recent dip in oil markets is a “healthy correction” which heralds attractive buying opportunities, according to London-based commodities-focused hedge fund Westbeck Capital Management, which maintained its positive Q1 momentum despite March’s pullback.
CME Group, the world’s specialist and most diverse derivatives marketplace, will launch Lithium Hydroxide CIF CJK (Fastmarkets) futures on 3 May, pending all relevant regulatory reviews.