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Commodities Briefing - Categorized | Trading, Trading Platforms more

Commodity traders must go digital or face extinction

Posted on 27 October 2016

As commodity margins flat-line, the number of traders will shrink as existing trading firms consolidate and digital rivals emerge, U.S. consultancy Oliver Wyman said in its annual commodity trading report.
With the exception of oil and natural gas boosted by volatility last year, growth across commodities is plateauing with combined margins stuck at around US$44 billion per year in 2014 and 2015, the report said. Wyman sees digitization as the game-changer in the next few years that will force independent traders such as Glencore, Trafigura and Vitol, as well as the trading arms at integrated oil companies like Shell and BP, to become ever more nimble and automate many of their activities………………………………….Full Article: Source


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