Results for “energy trading”

Futures in Asia: A Conversation With UOB Bullion and Futures

Established in 1978, UOB Bullion and Futures Ltd (UOBBF) is a premier clearing broker in the Asia/Pacific region. The firm is a wholly owned subsidiary of United Overseas Bank Limited (UOB), a leading bank in Asia, which has a global network of more than 500 offices in 19 countries and territories in the Asia/Pacific, Western Europe and North America.

As the brokerage arm of UOB, UOBBF provides trading access for a comprehensive suite of products including leveraged foreign exchange, bullions, OTC derivatives, futures, options and commodities on major exchanges around the world. Their clients include retail, high-net-worth, corporate and institutional investors as well as proprietary, hedge fund and high-frequency traders.

UOBBF has been using Trading Technologies software and distributing it to their customers in the region for more than seven years. I recently visited UOBBF’s headquarters in Singapore and had the opportunity to spend time with CEO Matthew Png. Matthew graciously sat down with me to discuss the firm’s recent expansion and partnership with TT.

TT CEO Rick Lane (L) and UOBBF CEO Matthew Png (R) at UOBBF’s headquarters in Singapore.


Negative Electricity Prices: Do We Get Paid for Turning on the Lights?


Source: KQED

Possibly, but rarely

The majority of financial market participants would agree on the dogma that commodity prices can never be zero or negative. However, it is not always true in the electricity markets. While zero or negative prices aren’t especially common, they do occur. This can create real chaos in many financial calculations. For example, for an asset with a negative price, dividing by the previous price will give an undefined or misleading result if prices are zero or negative.

The electricity market price—just like a price of any other commodity—is driven by the economics of supply and demand, which in turn are determined by several external factors such as climate conditions, seasonal factors or consumption behavior. To better understand the reasons for the negative prices, one needs to look further into the mechanics of the electricity generation process.

Q&A with OTC Global Holdings: Get to Know the New Energy Market That’s Coming to TT

Recently at the FIA Boca conference, in addition to announcing the broad availability of TT, we announced that the new platform will provide customers access to OTC Global Holdings’ (OTCGH’s) EOXLive Active Markets.

To summarize, customers will be able to access EOXLive’s unique commodities market information and liquidity on the next-generation TT platform.

I had the opportunity to speak with Javier Loya, Chairman and CEO of OTCGH, and our CEO Rick Lane at the conference to find out more details about the agreement. Here are some of the highlights from that conversation.