The wild action in commodities trading attracted an extraordinary group of scientists and mathematicians.
Commodities trading has already made Ivan Glasenberg one of the richest people in the world.
Revenue from its wealth management group offset a decline in its fixed income and commodities trading unit.
Glasenberg as the brains (and brawn) behind the big commodities trading house, Glencore.
FORBES: Mick Davis Follows Buffett's Advice By Investing In Mining When Others Are Fearful
Assets: With six family members, owns 100% of the eponymous commodities trading company.
This means that traders must scurry to come up with more cash and that commodities trading is poised to become much more risky.
FORBES: As Predicted in December, Commodity Bubble is Popping
In 1977 Peterffy left his job designing commodities trading software and purchased his own seat on the American Stock Exchange where he began trading options.
With physical mining assets and a solid commodities trading house, Glasenberg is looking to rival the likes of Rio Tinto, BHP Billiton, and Vale.
FORBES: $90B Global Mining Giant Glencore-Xstrata Inches Closer: Deal Depends On Qatar Now
The long and winding road that has been the attempted merger between miner Xstrata and commodities trading house Glencore seems to be nearing its end.
FORBES: $90B Global Mining Giant Glencore-Xstrata Inches Closer: Deal Depends On Qatar Now
The scandal sent shudders through the wild-west atmosphere of the commodities trading world, even though it does not appear to have sparked a widespread crisis in the markets.
Energy and commodities trading has attracted the attention of hedge funds and Wall Street firms, which are eager to hitch a ride on the explosive growth in both markets.
Under the newly minted 2010 Dodd-Frank Act, the Commodity Futures and Trading Commission is chartered to monitor non-agricultural commodities trading, to promote transparency and to prevent asset bubbles.
One of the hottest new issues of the summer, shares in the derivatives and commodities trading firm opened above their target range and surged 25% in the first trading session.
Citigroup (C) lost Andrew Hall, a highly profitable commodities trading talent and head of a unit known as Phibro that traded out of a Connecticut farm house, to Occidental Petroleum (OXY).
The firm had difficulty making money in commodities trading in the quarter, a business that led to gains at rivals like Goldman Sachs, which reported far better than expected profits on Tuesday.
Nearby Battery Park City emptied out, from the ritzy Riverhouse condo building where celebrities like Leonardo DiCaprio have homes to the waterfront commodities trading floors in the New York Mercantile Exchange (NYMEX).
FORBES: A Resident's Post-Hurricane Sandy Tour Of Wall Street
The globetrotter has worked in five continents in different sectors: as agricultural commodities trader for Noble Group, Asia's largest diversified commodities trading company, in Hong Kong, Switzerland, Brazil, Argentina, Paraguay, and Uruguay.
While interning at Bank of America as a teenager, Fan gravitated to commodities trading and at Morgan Stanley she learned to make bets on refined petroleum products like diesel and jet fuel.
FORBES: 30 Under 30 Finance: The Top Young Traders, Bankers And Dealmakers
On Sunday, July 8th, PFGBest, a commodities trading firm, had allowed the National Futures Association (NFA) to conduct 3rd party confirmation of its banking records through the automated system provided by Capital Confirmation.
Returning to Minnesota, she pestered Cargill, the local giant in commodities trading, for a job, then traded agricultural commodities in the Midwest and ran a bond desk in Australia before making vice president of trading.
Over the years the company has transcended from a commodities trading firm to an investment holding firm of sorts, making massive investments in fixed assets, including mines stretching from Australia to Latin America to Africa.
Wall Street, where commodities trading has become an important and controversial business, ought to feel threatened by what looks like a giant unregulated financial firm with profitability ratios far greater than those posted by the biggest investment banks.
Parera commended Mukherjee for sticking to the deadline of introducing a uniform goods and services tax by April 2010 and abolishing certain direct taxes--the fringe benefit tax, the commodities trading tax and the 10% surcharge on income tax.
The firm had difficulty making money in commodities trading in the quarter, a business that led to gains at rivals like Goldman Sachs (nyse: GS - news - people ), which reported far better than expected profits on Tuesday.
While Goldman is the gold standard in the trading business, with its fixed income, currencies and commodities trading division one of the most profitable in the industry, the macro environment has a been difficult one for trading in the last half of the year.
FORBES: Goldman's Golden Trading Goose Lays An Egg, Stock Looks Fairly-Valued At Best
Currently FINRA is responsible for securities brokers, the Commodities Futures Trading Commission for commodities traders and the Federal Reserve for the largest banks.
FORBES: Mary Schapiro's SEC Exit An Opening For Greater Reforms
The securities and commodities futures trading commission have a tremendous amount of overlapping authority.
It happens that the U.S. lets futures exchanges regulate themselves under the umbrella of the Commodities Futures Trading Commission.
应用推荐