Commodities

Commodities

Broker Dealers

Examples of help we can provide broker-dealers active in the commodities markets include:

  • Assistance with interpreting the rules of exchanges and clearing houses
  • Aid in the development of trade and communications surveillance programmes
  • Sector specific case study based training on a variety of topics
  • Examining regulatory reporting typologies, e.g. MiFIR, EMIR, SFTR, MiFID commodity position limit reporting
  • Reviewing costs and charges, conflicts of interest and other disclosures

 

Investment Managers, Private Equity Firms and Proprietary Traders

We can assist buy side firms who use the financial markets to speculate in a variety of ways, including:

  • Designing and conducting best execution reviews on sell side counterparties
  • Understanding market conduct rules in the context of trading on the commodities markets
  • Help with completing documentation. For example, account opening paperwork and documents required by markets and regulators
  • Examining regulatory reporting typologies, e.g. MiFIR, EMIR and SFTR
  • Designing and delivering training to help employees understand their responsibilities when trading on the commodities markets

 

Physical Commodities Traders

We can provide the following type of assistance to physical commodities traders who use the financial markets to hedge their risk:

  • Understanding and completing onboarding and other paperwork sent by your broker(s)
  • Understanding rules of the market(s) that you are active on. For example, we can provide training to your staff and help you interpret specific rules
  • Help with complying with obligations imposed on indirect market participants. For example, we can help with questions about indirect clearing and position limits
  • Assisting with meeting the expectations and requirements of the London Bullion Market Association’s (“LBMA”) Precious Metals Code, the Organisation for Economic Cooperation and Development’s (“OECD”)’s Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas and the EU Conflicts Minerals Regulation
  • Helping with raising complaints with your brokers or market authorities (We cannot help with litigation. However, we may be able to recommend knowledgeable lawyers who can)

 

C&G Regulatory Solutions has substantial experience of commodity market operations.

We are familiar with contracts traded on the following underlyings:

  • Agricultural
  • Base metals
  • Dairy
  • Energy and oils
  • Freight
  • Paper and pulp
  • Precious metals
  • Softs

 

We are familiar with contracts and operations traded, or based, on the following markets:

  • CME Group markets
  • Dubai Mercantile Exchange (“DME”)
  • Eurex
  • Euronext
  • European Energy Exchange
  • ICE Futures Abu Dhabi, Europe and US
  • London Metals Exchange (“LME”)
  • NorexecoSingapore Exchange (“SGX”)
  • Tokyo Commodities Exchange

 

We support the following types of market participants:

  • Broker-dealers
  • Investment managers and private equity firms
  • Physical commodities traders

 

This is non-exhaustive list – we may be able to provide advice and guidance on other topics too. Please contact us for a free, no-obligation, one hour initial consultation to discuss your requirements.