FOi - Futures and Options Intelligence


LME achieves record volumes in first half of 2010 28 Jul 2010

The London Metal Exchange achieved record volumes for the first half of 2010, when 59.3m lots were traded. Average daily volume rose 8.1% to 478,000 and total volume rose 7.5%.

Trading in steel contracts grew...


“The biggest issue is liquidity risk, not cost. The reason we use derivatives to hedge is to fix profit volatility and cashflow volatility.”

Iain Foster, asst treasurer of Rolls-Royce, on choosing between OTC and exchange-traded derivatives.