Gold Market Needs New Catalysts As Traditional Assets Outperform

Gold market needs new catalysts as traditional assets outperform (via Futures Magazine)

By Austin Kiddle November 20, 2013 • Reprints The U.S. Comex gold futures (COMEX:GCZ13) fell 1.17% on Monday to $1,272.30 and rebounded about $1 on Tuesday. The Dollar Index (NYBOT:DXZ13) also fell 0.18% in the past two days to 80.704. After rising…


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SEC Announces First Deferred-prosecution Agreement With An Individual

SEC announces first deferred-prosecution agreement with an individual (via Futures Magazine)

By Mary P. Hansen, Drinker Biddle November 21, 2013 • Reprints On November 12, 2013, the Securities and Exchange Commission (SEC) announced it had entered into a Deferred-Prosecution Agreement (DPA) with Scott Herckis, a former hedge fund administrator…

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Don’t count on China sustaining the commodity super-cycle

Don’t count on China sustaining the commodity super-cycle (via Futures Magazine)

By Justin Pugsley November 20, 2013 • Reprints China, the world’s No. 1 consumer of so many raw materials, apparently looks set to carry on buying following bold reforms announced at the third plenum of the communist leadership. But it could be a…

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Comex suspended gold trading for 20 seconds after price slump – Bloomberg

Comex suspended gold trading for 20 seconds after price slump (via Futures Magazine)

By Debarati Roy, Bloomberg November 20, 2013 • Reprints CME Group Inc.’s Comex halted trading in December gold futures (COMEX:GCZ13) for about 20 seconds today at 6:26:41 a.m. New York time, said Damon Leavell, a spokesman for the exchange. The…


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Gold Traders Most Bearish In 22 Weeks On Fed Tapering Prospects

Gold traders most bearish in 22 weeks on Fed tapering prospects (via Futures Magazine)

By Austin Kiddle November 22, 2013 • Reprints The U.S. Comex gold futures (COMEX:GCZ13) lost 2.35% in the past two days and ended at $1,243.60 on Thursday, a level last seen in early July. The gold futures troughed this year on June 28 when the prices…

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Fiat money quantity hits new record

Fiat money quantity hits new record (via Futures Magazine)

By Alasdair Macleod November 18, 2013 • Reprints Based on the monthly figures to Oct. 1 recently released by the St Louis Fed, FMQ jumped $227bn in September to $12,176bn. This puts it $4,819bn and 65% over the long-term exponential trend established…

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Gensler says three swap market operators must tweak access rules

Gensler says three swap market operators must tweak access rules (via Futures Magazine)

By Matthew Leising, Bloomberg November 18, 2013 • Reprints The U.S. Commodity Futures Trading Commission, charged with promoting fairness on the new public markets for swaps mandated by the Dodd Frank Act, is telling three operators they must change…

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The Chicago Fed explains Bitcoins

The Chicago Fed explains Bitcoins (via Futures Magazine)

By Christopher Faille November 13, 2013 • Reprints Bitcoins have been in the news a good deal lately, and they get there in ways that suggest they are poised to impact the world of alphaand its pursuers. So it’s good to have a primer: a brief accessible…

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Big ideas on gold and resources in the Big Easy

Big ideas on gold and resources in the Big Easy (via Futures Magazine)

By Frank Holmes November 13, 2013 • Reprints For nearly four decades, curious investors have made their way to the Big Easy for a taste of New Orleans and several helpings of advice and perspective at the New Orleans Investment Conference. Coincidentally…

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Equity & options SROs respond to SEC concerns

Equity & options SROs respond to SEC concerns (via Futures Magazine)

By Press Release November 12, 2013 • Reprints Self-regulatory organizations (SROs) for the equities and options markets have been working with the Securities and Exchange Commission (SEC) on their collective plans to strengthen the resilience, performance…


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Funds cut bullish gold positions on Fed outlook

Funds cut bullish gold positions on Fed outlook (via Futures Magazine)

By Debarati Roy, Bloomberg November 11, 2013 • Reprints Hedge funds cut bullish gold (COMEX:GCZ13) bets, adding the most short contracts in four weeks, as U.S. economic growth fuels speculation the Federal Reserve will trim stimulus. Holdings across…

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Bonds Face Developing Liquidity Crunch

Bonds face developing liquidity crunch (via Futures Magazine)

By Alasdair Macleod November 8, 2013 • Reprints This week an article in Euromoney points out that liquidity in bond markets (CBOT:ZBZ13) is drying up. The blame is laid at the door of regulations designed to increase banks’ capital relative to their…

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AlphaMetrix denies wrongdoing in CFTC lawsuit

AlphaMetrix denies wrongdoing in CFTC lawsuit (via Futures Magazine)

By Michael McFarlin November 6, 2013 • Reprints As AlphaMetrix closes its trading operations, the Commodity Futures Trading Commission filed charges against the firm earlier this week alleging it had violated the Commodity Exchange Act. AlphaMetrix…

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CFTC sues firm that sued CFTC to stop CFTC from suing it

CFTC sues firm that sued CFTC to stop CFTC from suing it (via Futures Magazine)

By Matt Levine, Bloomberg November 6, 2013 • Reprints A while back we talked about a lawsuit in which Chicago proprietary trading firm DRW Investments LLC had sued the Commodity Futures Regulatory Commission because it was afraid that the CFTC was…

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A transformed marketplace: Gensler’s remarks before FIA Expo

A transformed marketplace: Gensler’s remarks before FIA Expo (via Futures Magazine)

By Press Release November 6, 2013 • Reprints Thank you, Walt, for that kind introduction. I also would like to thank the Futures Industry Association (FIA) for the invitation – I’m honored that you’ve invited me to speak each of these last five…


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