Akaishi Global Announces the Launch of Clearing Services Partnerships for Natural Gas Swap Futures
The commodity code for the contract will be NG.
Tokyo, Japan, October 26, 2012 --(PR.com)-- Akaishi Global today announced the launch of trading and clearing services partnerships for Natural Gas swap futures, reflecting changing dynamics in the global Natural Gas industry. Trading will be available on the electronic trading platform. Clearing services will be available through Akaishi Global Clearing Partners, a set of flexible clearing entities and services open to over-the-counter (OTC) market participants to substantially mitigate counterparty risk and provide neutral settlement prices across asset classes. This contract will be listed by Akaishi Global and subject to the rules and regulations of Japan.
"The Natural Gas industry is one of the largest global commodity markets," said Bruce Peterson, President of the Akaishi Global Development Department. "This contract will complement our existing suite of Natural Gas products, dry freight and international coal futures, and advances our goal of building a complete marketplace for seaborne dry freight products, providing risk management tools across the full ferrous production cycle. In addition, this contract will afford our customers the benefits of capital efficiencies by cross margining against other related products."
"We are committed to bringing greater transparency and efficiency to the global Natural Gas market through our physical price assessments and information services, and we welcome the futures industry's recognition of the role we play in the price discovery process in the markets we cover," said Mr. Peterson. "This brings the total number of Akaishi Global contracts settled on market price assessments published by Akaishi Global to more than 400."
Natural Gas is a key raw material used in the production of Ethane and Propane. Although abundant and widely extracted, growing global demand, particularly from China, has resulted in growing price volatility.
The commodity code for the contract will be NG. It will be listed for 24 consecutive months. The contract will be 1,000 dry metric tons in size, with a minimum price fluctuation of $0.01 per tick.
The growing managed futures business is becoming a more important part of the global economy. A secular bull market in commodities has brought in more capital. This may be a good time for responsible, licensed, and independent minded entities to consider working with Akaishi Global.
Akaishi Global is a 100% discretionary commodity trading advisor (CTA). We provide unique managed future programs to clients. We offer programs appropriate for various client objectives and risk tolerance levels. We position each account, and evaluate possible adjustments on an ongoing basis, in an attempt to maximize long term growth.
"The Natural Gas industry is one of the largest global commodity markets," said Bruce Peterson, President of the Akaishi Global Development Department. "This contract will complement our existing suite of Natural Gas products, dry freight and international coal futures, and advances our goal of building a complete marketplace for seaborne dry freight products, providing risk management tools across the full ferrous production cycle. In addition, this contract will afford our customers the benefits of capital efficiencies by cross margining against other related products."
"We are committed to bringing greater transparency and efficiency to the global Natural Gas market through our physical price assessments and information services, and we welcome the futures industry's recognition of the role we play in the price discovery process in the markets we cover," said Mr. Peterson. "This brings the total number of Akaishi Global contracts settled on market price assessments published by Akaishi Global to more than 400."
Natural Gas is a key raw material used in the production of Ethane and Propane. Although abundant and widely extracted, growing global demand, particularly from China, has resulted in growing price volatility.
The commodity code for the contract will be NG. It will be listed for 24 consecutive months. The contract will be 1,000 dry metric tons in size, with a minimum price fluctuation of $0.01 per tick.
The growing managed futures business is becoming a more important part of the global economy. A secular bull market in commodities has brought in more capital. This may be a good time for responsible, licensed, and independent minded entities to consider working with Akaishi Global.
Akaishi Global is a 100% discretionary commodity trading advisor (CTA). We provide unique managed future programs to clients. We offer programs appropriate for various client objectives and risk tolerance levels. We position each account, and evaluate possible adjustments on an ongoing basis, in an attempt to maximize long term growth.
Contact
Akaishi Global
Gina Miller
004475124615546
www.akaishi-global.com
Contact
Gina Miller
004475124615546
www.akaishi-global.com
Categories