Seminar 3: Commodity Derivatives Markets

Seminar 3 : Commodity Derivatives Markets

31 March 2011, 16:00-18:00, European Parliament

The EPFSF training sessions for MEP assistants are designed to deliver a deeper understanding of financial markets and services. Each seminar will cover all aspects of the role of each sector in the wider economy, the benefits and risks offered by the sector and how each of them operates. It will include panel sessions and presentations by a cross-section of infrastructures, intermediaries and end-users.

PROGRAMME

16:00      INTRODUCTION

Anthony Belchambers, CEO, FOA – Futures & Options Association

16:10      THE ENERGY DERIVATIVES MARKETS

A summary of the role of these markets, who uses them and why; and how they connect with the physical markets

Mark Woodward, Regulation & Compliance Manager, ICE Futures
Simon Smith, Compliance Officer, Europe, Shell International Trading and Shipping Co

16:25   THE “SOFT” AND AGRICULTURAL COMMODITY DERIVATIVES MARKETS

A summary of the role of these markets, who uses them and why; and how they connect with the physical markets

Laurence Walton, Director of Regulatory Policy, NYSE Liffe
Peter Blogg, Head of Commodity Product Management, NYSE Liffe
Niels Hansen-Love, Head of Agriculture and Energy Clearing and Brokerage,

16:40     BASE AND PRECIOUS METALS MARKETS

A summary of the role of these markets, who uses them and why; and how they connect with the physical markets

Diarmuid O’Hegarty, Deputy Chief Executive, LME – London Metal Exchange

16:55     KEY REGULATORY ISSUES

Distinguishing between derivative and physical markets

  • Regulatory scope
  • Market abuse
  • The impact of the MiFID review
  • Financial trading in commodity markets

Anthony Belchambers, CEO, FOA – Futures & Options Association
Roger Cogan, European Policy Director, ISDA – International Swaps and Derivatives Association
Rafael Plata, Head of Derivatives, FESE – Federation of European Securities Exchanges

17:05     MEETING THE NEEDS OF USERS

17:20     Q&A

All

18:00     END OF SESSION