Asian neighbors in Singapore, Australia, South Korea and India also have detached energy spot markets
from their stock exchanges.
The new contracts behind the Spot Spread will expand CME Group's suite of COMEX precious metals contracts, including the global benchmark Gold and Silver futures contracts, and provide customers with exposure to the London spot market
by creating two-day futures contracts that will result in delivery of unallocated London gold or silver.
The transition for the ICE Endex Dutch Title Transfer Facility and Belgian Zeebrugge Trading Point (ZTP) spot markets
was successfully completed yesterday, April 29, 2014 and involved 50 trading members.
It has long-term sales and production agreements (SPAs) with Qatar for a total of 12 million tons per year (t/y) and in 2011 purchased a further 4 million tons of Qatari LNG on the spot market
The movements of the prices of spot market
have been hugely influenced by the speculation, hedging and arbitrage activity of futures markets.
They deliberately and artificially made the spot market
--the most volatile market--the primary market," explains Levin, who later adds, "I call them spot market
My presentation is a proposal to establish an Asian spot market
for crude oil across the Malay Peninsula.
Just as the stock market summarizes many pieces of information about the performance of a company, business-to-business spot markets
can provide up-to-date information about the availability of raw materials, the cost of production, and consumer demand for the end product.
In an interview at the sidelines of the House Committee on Energy hearing on two resolutions calling for the deferment of the region's electricity market, Colmenares said he will ask the DOE about the propriety of allowing the spot market
to dictate the price of electricity when all it does is raise the cost of electricity.
We think the benchmark can provide an easy-to-use and visible spot market
index for your current contract needs," said Ben Brockwell, OPIS Director of Pricing.
electricity spot market
and has signed up 12 participants plus a major market maker.
Through the use of electronic commerce, advanced communications and data warehousing technology, CarrierPoint maximizes the Internet to facilitate both contract and spot market
shipments and to improve operating efficiencies.