UK-based wholesale market intermediary firm TP ICAP plc (LSE: TCAP) has acquired US-based energy and commodities broker
SCS Commodities Corp, the company said.
M2 EQUITYBITES-January 11, 2018-TP ICAP Acquires US Energy and Commodities Broker
The resolution of the North Sea pipeline issue is having the expected result that the Brent-WTI spread is narrowing today," David Thompson, executive vice-president at Powerhouse, an energy-specialized commodities broker
3(a)(9) permitted a registered securities or commodities broker
or dealer to use unique customer-based sourcing rules for allocating specific categories of receipts, including brokerage commissions, margin interest, certain underwriting revenues, interest on certain loans to affiliated entities, account maintenance fees, and fees for management and advisory services.
Some of the affected vessels sailing out of the Gulf will probably have to look toward Iraq, Iran, or Oman for bunkers, however, it depends on the political stance of those countries," said commodities broker
Matt Stanley at Freight Investor Services in Dubai.
Marex Spectron, the global commodities broker
, has today announced the hiring of Justin Norbraten, Jay Mitchell and Tarun Ajwani, formerly of Shorcan Energy, and the opening of its first Canadian office in Calgary.
Three months ago he was with commodities broker
, RJ O'Brien.
Glencore, the Swiss-based commodities broker
, made an audacious bid last month for Rio Tinto Zinc that would have created a merged company valued at $160bn.
El Ninos are typically associated with weak monsoons in India, drier Australia and South East Asia, and wetter CS [Centre-South] Brazil-all of which carry bullish connotations for sugar," commodities broker
Macquarie said in April in a note to investors.
Crude oil prices are the major dampener for the rupee market today," said Kishore Narne, Mumbai-based head of commodities and currencies at Motilal Oswal Commodities Broker
Despite continued outbursts of violence in Eastern Ukraine, worries about the region are getting pushed to the back-burner, said Bob Haberkorn, a senior commodities broker
with RJO Futures in Chicago.
Prices are being supported by a weak US dollar that remains near an eight-month low against a basket of major currencies," commodities broker
Marex Spectron said in a note to clients.