The top U.S. derivatives regulator may dwindle to just two voting commissioners and struggle to approve new rules unless the White House and Senate can overcome political hurdles to fill the vacancies by the end of the year.
Dalian Commodity Exchange is set to start trading the first iron ore futures contracts for physical delivery as early as this week as China seeks greater control of price setting for the steel-making material.
Mercuria Energy Trading sold Forties crude at a lower level than its offer in the previous session. Vitol Group failed to buy Russian Urals in the Mediterranean at a higher price than the North Sea grade which has a better quality.
The Dollar Index may decline to its lowest level in more than 13 months after weaker-than-forecast payroll data pushed the gauge below a key support level, according to JPMorgan Chase & Co., citing technical indicators.
Seven natural gas contracts traded on Intercontinental Exchange Inc. will face new regulations including limits on the number of contracts a single trader can hold, the Commodity Futures Trading Commission decided today.
While $17 billion of lost market capitalization has cost CME Group Inc. the title of world’s most valuable exchange owner, its stock commands a valuation that would make buying Germany’s Deutsche Boerse AG a bargain.