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CFTC examines spikes in natural gas trades

From the February 20, 2013 issue of Public Power Daily

Originally published February 20, 2013

By Robert Varela
Editorial Director
The Commodity Futures Trading Commission's market-oversight division is taking a hard look at natural gas price swings that occurred immediately before the Energy Information Administration’s weekly announcements of natural gas inventory, the Wall Street Journal reported Feb. 15. Citing an unnamed person "familiar with the situation," the paper said it appears spikes in the number of trades are due to high-speed computerized trading firms trying to take advantage of the increased trading that typically accompanies the EIA announcements. "The influx of such trading is relatively recent in the commodities markets, unlike the stock market, where it has been around for about a decade, as traders seek to exploit tiny movements in prices," the Journal noted.


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Senior Vice President, Publishing 
Jeanne Wickline LaBella

Editorial Director
Robert Varela

Editor, Public Power Daily
Jeannine Anderson

Communications Assistant
Fallon W. Forbush

Manager, Integrated Media 
David L. Blaylock

Integrated Media Editor 
Laura D’Alessandro