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Commodities Briefing - Categorized | Trading more

FCA checks on commodity warehouses, prepares for EU abuse rules

Posted on 16 October 2013

Britain’s financial watchdog said officials are visiting commodity warehouses in Europe to see how they operate, in preparation for tough new EU market abuse rules as regulators focus unprecedented scrutiny on physical trading practices.
For decades, traders have made money from their knowledge of shortages and surpluses of physical commodities, which they say enables them to play a vital role in balancing global markets………………………………………..Full Article: Source


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