Commodity Derivatives Asia-Pacific 2009
Date:
10 September 2009
Venue:
Raffles City Convention Centre, Singapore
Event agenda
| Thursday 10 September 2009 |
08:30 Registration and morning coffee09:00 Chairman’s welcome and opening remarks09:10 Keynote Address: Shifting economic paradigm – Why Asia is the ideal place for developing a commodity derivatives markets § Assessing regional demand for commodities § Where will the demand come from and what are the key driving forces?§ Increased demand for OTC clearing to mitigate counterparty risk§ Commodity exchanges as transparent platforms for hedging risk§ Enhancing commodities derivatives trading markets in the Asian time zoneKola Luu, Executive Director, Financial Markets Strategy Department, Monetary Authority of Singapore
09:40 Exchanges’ panel discussion: Will commodity boom come back soon? § Potential for consolidation in the exchange traded commodities market § Effects of margin squeeze on institutional trades – what can exchanges do to enhance liquidity in the market place? § How should markets be regulated – OTC vs exchanged traded markets § Developing new products for exchange – what is the perfect commodity index? § Evolving commodity exchanges – is industry consolidation inevitable in the current economic climate?§ Impact of the USD on exchange traded derivatives markets § Effect of institutional redemptions on liquidity § Indexing - benchmarking initiatives in exchange traded places § Should simple OTC derivatives be traded on exchanges§ Should exchanges assume counterparty risk in OTC transactions?§ Developing ETCs – what are the new asset classes? § Institutional interests in exchange traded derivatives markets Moderator: Matthew Thompson - Chief Strategy & Business Development Officer, DME
Omar Merican, COO, BURSA MALAYSIA
Tony Crane, Business Development, Marketing Department, TOCOM
10:25 Networking Coffee Break11:00 Specialist Focus: Building credibility and legitimacy in East of Suez crude pricing§ Supply and demand dynamic for crude § Key requirements and the importance of a valid benchmark § Futures and OTC market relationships § Relevance of East of Suez benchmark to global oil markets Matthew Thompson - Chief Strategy & Business Development Officer, DME
11:30 Regional agriculture commodity exchanges’ panel discussion: What are the major themes for agriculture derivatives products?
§ What is driving food and commodity prices?
§ Availability of agriculture based products in exchange traded derivatives
§ How efficient are the regional agriculture exchange traded markets? What are the basic risks?
§ What are the major themes for agriculture goods?
§ Will there be near term price risks in agriculture goods?
§ Settling the physical products and grade risk
§ Expanding the member base – who will be the next deriving force in the markets?
§ How to stimulate liquidity in agriculture futures?
§ Should the agricultural derivatives industry open for institutional investors?
LIU Xingqiang, President & CEO, DALIAN Commodity Exchange
V. Vijay Kumar’s, Chief Business Officer, National Commodity & Derivatives Exchange
Dougal Hunter, Manager - Agricultural Derivatives, ASX Limited
12:15 Panel session: Evolutionary Changes in Iron Ore Pricing - The State of the Market
§ Supply demand dynamic
§ Finding the proxy for iron ore
§ Pricing the derivative contact
§ Outlook for liquidity
13:00 Lunch
14:20 Specialist Focus: Precious metals vs base metals - a fundamental approach
§ Impact of economic stimulus on the metals industry
§ Is it a buyers markets or a sellers market?
§ Assessing emerging market demand for metal based products
§ Dealing with price risk and FX risk in metal trading
Lionel Semonin, CFA, Four Elements Capital
1450 Panel discussion: Is the bull run coming back soon?
§ Will hyper inflation ever come back to haunt the consumers?
§ Are current hedging instruments a good substitute for cash commodities?
§ To hedge or not to hedge - impact of volatility on hedging strategies
§ Managing counter party risk and collateral management
§ How important is the cost of carry in assessing the cost of hedging
§ Choosing the hedging instruments – exchanged trade vs OTC
§ Hedge fund activities in commodity markets
§ Capitalizing on market volatility – what are the key indicators?
§ Where to find exposures in underlying commodities?
§ Investment views and recommendations
Moderator: Peter McGuire, Director, Asia, Commodity Warrants Australia
LI Hong An, Senior Manager, Sinochem International
Bransby Whitton, CFA, Director, PIMCO Asia
Henry Walsh, Director - Noble Cotton, Noble Resources
Lionel Semonin, CFA, Four Elements Capital
Yves Marcel, Head of Business and Product Development, Newedge Group Singapore
1600 Chairman’s closing remarks and close of conference