Gunvor Expands Precious Metals Business

Energy firm Gunvor Group, known especially for crude oil, refined products, natural gas and LNG trading, is diversifying its precious metal trading activities (derivatives) to physical trading, off the back of the rally in gold prices. 

Other active areas for the company include biofuels (specifically trading the feedstocks, such as corn or sugarcane, whose juice can be fermented to produce ethanol), power and emissions trading.

Let's Get Physical - Trading The Cal Emissions Market on the CME

From February 27th 2017 -

The CME is offering up the chance to go long the California Emissions Market through futures and options. The product name is CA ETS (California Emissions Trading Scheme).

One future represents physical delivery of a thousand Co2 California Carbon Allowances.

Each allowance is an entitlement to emit one metric ton of carbon dioxide equivalent gas. Settlement takes place on a T+2 basis on the California Market Tracking System (MTS).

One future, one thousand metric tons of Co2.

Options are European, and settle into a single future (or one thousand allowances).