2009-06-17: Forex Magnates Daily Updates
Managed futures traders performed well in May, gaining 2.08% according to the Barclay CTA Index compiled by BarclayHedge. Year-to- date, the

- Managed futures traders performed well in May, gaining 2.08% according to the Barclay CTA Index compiled by BarclayHedge. Year-to- date, the Index remains down 0.54%. “Commodity markets, led by the energy sector, rallied strongly during the month,” says Sol Waksman, founder and president of BarclayHedge. “A weakening US Dollar provided support to the rally and presented a sustained trend that currency traders could profit from.” http://www.barclayhedge.com/blog/2009/06/managed-futures-rebound-208-in-may.html
- The Futures Industry Association today filed a comment letter with the Commodity Futures Trading Commission urging the agency to preserve its hedge exemptions for dealers in over-the-counter derivatives. The FIA commended the CFTC for its efforts to protect the integrity of the price discovery process, but said a repeal of these exemptions would not achieve the agency’s goal of promoting greater transparency and accountability. http://www.mondovisione.com/index.cfm?section=news&action=detail&id=83279
- Obama Wants SEC, CFTC to Police Derivatives. http://online.wsj.com/article/SB124520844404822287.html
- Walt Lukken, who has served as a commissioner at the Commodity Futures Trading Commission since August 2002, will resign on July 10, the agency said on Tuesday. Lukken is leaving CFTC to work for NYSE Euronext (NYX.N) as senior vice president of Global Market Structure in its Office of General Counsel. http://www.reuters.com/article/marketsNews/idUSN1629659220090616
Join the iFX EXPO Asia and discover your gateway to the Asian Markets
Suggested articles
Skrill to Release Direct to Crypto Withdrawals FeatureGo to article >>
Leave a Reply