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Exact(59)
Humanitarian organisations have traditionally supported crisis-affected people with physical commodities such as food and shelter.
With respect to physical commodities, our issues remain essentially untouched from the House bill.
Also excluded from the restrictions are physical commodities, such as oil and gold, and spot foreign-exchange contracts.
Originally, the items traded on the exchange were physical commodities, such as eggs, butter, and pigs, and its main customers were farmers and food companies.
JPMorgan Chase is exiting physical commodities trading, the bank said, as Wall Street's role in the trading of raw materials comes under intense political and regulatory pressure.
The two broad choices for that are physical commodities, held directly or through futures contracts or exchange-traded funds, and stocks of businesses that produce them.
The CME Group, which operates the Nymex commodities exchange, said it would halt trading on its physical commodities floor and on its electronic stock futures and options exchanges.
In my assessment, there is no case for banks to own physical commodities, let alone crucial parts of the nation's infrastructure.
Others worry that banks' involvement in physical commodities increases their own risk, and therefore widens the sphere of activities that may require a taxpayer bail-out.
Earlier this month, the Senate Banking Committee convened hearings on Wall Street's push into the physical commodities markets and whether its involvement had raised prices.
Similar(1)
In March Mercuria, a Swiss firm, agreed to buy JPMorgan Chase's physical-commodities unit for $3.5 billion.
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