The LME Nickel Crisis with Jack Farchy

The LME Nickel Crisis with Jack Farchy

On March 8th 2022, Nickel prices spiked 100% to $100,000 a tonne in a matter of hours, triggering billions of dollars in margin calls and threatening the very existence of the exchange. The LME took the unprecedented, and controversial, step of cancelling all trades made that day. A decision which enraged some but saved the exchange and the shorts, creating a cascade of legal battles continuing to this day (we recorded this episode prior to the UK’s FCA announcing an official investigation into misconduct). What started the crisis? Who was Mr Big Shot? What were the events that surrounded the run up in prices and how did it unravel the structure of the LME? Did the LME pose a systemic risk? What has been the fall out? Our guest is Jack Farchy, Senior Correspondent for Commodities at Bloomberg, who takes us through the crisis.

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The Democratization of Oil Trading with Greg Newman

The Democratization of Oil Trading with Greg Newman

Oil Trading remains the preserve of wealthy industry participants. Few organizations have the means and access to trade the myriad OTC contracts that underpin the markets. However, much as we have see...

12 Mars 202550min

Challenge, Crisis and Leadership in Asset-Backed Trading with Savvas Manousos and Niels Henrik Lindegaard

Challenge, Crisis and Leadership in Asset-Backed Trading with Savvas Manousos and Niels Henrik Lindegaard

This is Part 2 of our mini-series on Asset-Backed Trading. In the previous episode, we covered the key  reasons and decision points in creating asset-backed trading organizations. In this episode, we ...

5 Mars 202557min

Argus Crude Summit: Shifting landscape of crude oil trading with Peter Keavey and Paul Chapman

Argus Crude Summit: Shifting landscape of crude oil trading with Peter Keavey and Paul Chapman

On February 6, host Paul Chapman was invited to be on a panel at the Argus Crude Summit Americas in Houston. Moderated by Matthew Oatway, Peter Keavey, Global Head of Energy and Environmental Products...

26 Feb 202535min

Building an Asset-Backed Trading Platform with Savvas Manousos and Niels Henrik Lindegaard

Building an Asset-Backed Trading Platform with Savvas Manousos and Niels Henrik Lindegaard

In Part One of our miniseries on Asset-Backed Trading, Savvas Manousos and Niels Henrik Lindegaard  join us to discuss why commodity producers, refiners and wholesalers are developing value-chain opti...

19 Feb 20251h 5min

LPG Trading with Jack Nugent

LPG Trading with Jack Nugent

In this episode, we dive into Liquified Petroleum Gas trading. What is LPG used for, where is it produced and how has the market developed since the advent of shale? How is trading LPG different from ...

12 Feb 202550min

Peak Gasoline, Fuel Supply and EVs with Doug Haugh

Peak Gasoline, Fuel Supply and EVs with Doug Haugh

Today we return to the fuels industry. What is the latest in global fuel supply and demand? What is the impact of ongoing electrification on fuel demand? Have we seen peak gasoline demand even in the ...

5 Feb 202553min

Seed Oils, Biofuels, Proteins and Politics with Walter Cronin

Seed Oils, Biofuels, Proteins and Politics with Walter Cronin

How did seed oils and biofuels fair in 2024? Wild price swings dominated as the markets reacted to changing yields and biofuel demand. At the same time, the markets braced for a change in the US admin...

29 Jan 202544min

Tea with Jem McDowall

Tea with Jem McDowall

Another global commodity, present in our daily lives, without an established price index or futures contract, with a unique supply chain: Tea. How does Tea reach our tables? Where does tea come from? ...

22 Jan 202545min

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