The commodity markets – whether they be agricultural, metals, currencies or fuels – are a vital means to protect against volatile price movements.
GFMA has convened a group of banks to complement the work being done by other trade associations that represent banks and non-banks, such as trading firms and investors. The group focuses their efforts on priorities including the creation of a more level European regulatory playing field for the commodity markets and commodities-related Dodd-Frank provisions in the U.S., such as position limits. Other priorities include analyzing speculative trading and price volatility, and capital charges for non-banks in Europe.
