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    • Ambos dust off Onesies for annual appeal August 17, 2018
      LISTEN: Wellington Free Ambulance Street Appeal is all about the onesies The post Ambos dust off Onesies for annual appeal appeared first on NewsWire.co.nz.
      Bonnie Mosen
    • Mayor throws on Onesie for ambulance appeal August 17, 2018
      LISTEN: Mayor Justin Lester onboard with street appeal The post Mayor throws on Onesie for ambulance appeal appeared first on NewsWire.co.nz.
      Bonnie Mosen
    • Simple solution to stay safe online August 17, 2018
      LISTEN: Netsafe CEO has some simple tips for online safety. NICO HENDRICKS reports. The post Simple solution to stay safe online appeared first on NewsWire.co.nz.
      Nicholas Hendricks
    • Burger competition sparks debate over fries August 16, 2018
      The post Burger competition sparks debate over fries appeared first on NewsWire.co.nz.
      Nikita Rawnsley-Wratt
    • International success for a Petone pizzeria August 16, 2018
      The post International success for a Petone pizzeria appeared first on NewsWire.co.nz.
      Jayden Tamarua
    • LISTEN: BSA wants to know how you monitor online content for kids August 16, 2018
      The BSA wants to know about your kid's viewing habits. BONNIE MOSEN reports. The post LISTEN: BSA wants to know how you monitor online content for kids appeared first on NewsWire.co.nz.
      Bonnie Mosen
    • Listen: Parisians shocked at latest attempt to clean up their city August 16, 2018
      LISTEN: New urinals are a little too public according to one French man. NICO HENDRICKS reports. The post Listen: Parisians shocked at latest attempt to clean up their city appeared first on NewsWire.co.nz.
      Nicholas Hendricks
    • LISTEN: High hopes for success of miscarriage bill August 16, 2018
      Hopes a private members bill will get cross party support . LEAH TEBBUTT reports The post LISTEN: High hopes for success of miscarriage bill appeared first on NewsWire.co.nz.
      Leah Tebbutt
    • LISTEN: Teachers strike for a better life balance August 16, 2018
      Teachers are missing out on time with their children due to job pressure. LEAH TEBBUTT reports: The post LISTEN: Teachers strike for a better life balance appeared first on NewsWire.co.nz.
      Leah Tebbutt
    • LISTEN: Decade of neglect behind teacher strike August 15, 2018
      Striking teacher tells government the dwindling education workforce has had enough and it's time to act. LEAH TEBBUTT reports from today's rally in Wellington. The post LISTEN: Decade of neglect behind teacher strike appeared first on NewsWire.co.nz.
      Leah Tebbutt
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Increased energy market supervision; CFTC regulation

There is an interesting story by Reuters about how the Commodity Futures Trading Commission (CFTC) and the U.K’s Financial Services Authority (FSA) have announced they will closely moniter energy markets.

The story also details some of the CFTC’s plans to tighten commodity trading rules, including position limits in U.S. futures markets and sujecting more  over-the-counter derivatives subject to mandatory clearing.

Under the proposal, the  CFCT and FSA will:

  • increase information sharing and cooperation in surveillance of oil markets
  • enhance direct access rights to trade execution and audit trail data
  • share exchange regulations and disciplinary notices.

The story includes comment from CFTC chairman Gary Gensler:

WASHINGTON (Reuters) – U.S. and U.K. regulators moved on Thursday to increase supervision of energy markets while Washington also detailed new initiatives to tighten the rules in commodities trading.

The Commodity Futures Trading Commission and the U.K. Financial Services Authority announced the steps, which include closer auditing and mutual on-site visits of exchange operators, to gain a better view of trading in U.S. oil futures on the IntercontinentalExchange’s (ICE.N) London exchange. READ MORE

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Geithner wants OTC derivatives traded on exchanges

A story from the Oil & Gas Financial Journal about U.S. Treasury Secretary Timothy Geithner talking about greater reglation for over-the-counter derivatives (OTC).

OTC derivatives are a type of contract used on the commodity exhange. They are privately negotiated and traded directly between two parties, without going through an exchange or other intermediary. CLICK HERE to read more about OTC derivatives.

Geithner says the Obama administration would like all standardised derivative contracts cleared through well-regulated central counterparties and executed either on regulated exchanges or regulated electronic trading systems.

Geithner says the reforms should not limit businesses’ efforts to manage financial risk (hedge):

“We want to preserve their capacity to participate in bilateral transactions as hedges as we increase overall protection for investors,” Geithner told a joint hearing of the U.S. House Agriculture and Financial Services Committees. READ HERE.