On December 21, 2025, the CFTC’s Market Participants Division (“MPD”) issued a no‑action letter that could materially expand hedging options for commercial energy companies by allowing firms to ...

Inflation expectations are rising as commodity prices, especially metals and oil, surge sharply in recent sessions. Click for more commentary on the markets.

HOUSTON, Feb 21 (Reuters) - Big energy companies like Royal Dutch Shell and commodity merchants like Cargill [CARG.UL] have a simple argument in pushing back against looming new swap market rules: ...

Scholes for options to futures spot pricing. Understand pricing mechanisms for better financial decision-making.

Considerations on the proposed expansion of CFTC commodity pool regulation. On July 17, 2025, the House of Representatives passed the Digital Asset Market Clarity Act of 2025 (the CLARITY Act). This ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...