Protected: Traders or Commodity Finance Banks ? Part XII- TRAFIGURA OFFSET ARRANGEMENT

There is no excerpt because this is a protected post.


Traders or Commodity Finance Banks Part VIII-The pivotal role of the commodity traders as financiers

The commodity finance market remains relatively concentrated. History shows a pattern of (often) hasty entries then departures by non-core banks and alternative financiers. Recent regulatory and market developments are prompting trading companies to re-evaluate their financing arrangements and -on more frequent occasion- acting in that capacity themselves. On behalf of ING, the Economist Intelligence Unit produced an illustrated view of the ever-evolving commodity finance landscape. Continue reading

Traders-SITCG Part IX Addax, once a diva of the Geneva oil trading scene

The long coming and overdue crackdown on the corruption in the world of commodity trading.
No War, the intrinsic value of assets= 0
-Nothing can better illustrates the value chain proposition of Addax who was raided by the Geneva Cantonal Law enforcement authorities this Monday for its alleged Corruption. As always the Swiss will find self-comfort, Addax is not “theirs”, it’ other people problems. Continue reading