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Commodities Briefing - Categorized | Commodity Crisis, Price Watch, Trading more

Benchmark rules risk commodities chaos

Posted on 02 July 2013

Commodities traders and price reporting agencies could see their greatest fears realised after the European Commission outlined new proposals for the regulation of commodities benchmarks. Market participants say these threaten to make the market more opaque.
The proposals, which include holding commodities price contributors liable for their submissions, are part of the wider EC draft regulation on benchmarks, seen by Financial News, due to be published in the coming months………………………………..Full Article: Source


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