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
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.
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.