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OTC Conseil Americas
Newsletter #12 - march 2010

Editorial

This month we start with a brief description on the specifics of commodities markets as an introduction for further articles to come.
Indeed, no matter if it is on energy, sugar, coffee, metal or any other commodity (with physical delivery or not), basic terms have to be mastered before covering the grounds.
This month, we also cover Know Your Customer (KYC) system requirements, by trying to give you some keys on the topic. Including all regulation, due diligence and Customer Relationship management requirements, a KYC system should of course never forget efficiency in terms of information processing.

We wish you a good read and look forward to see you next month!


Fayna Lionet
OTC Conseil Americas

Aspects of forward contracts in the world of commodities

Appreciating the physicality of raw materials is fundamental to understanding and anticipating the behavior of forward and spot prices.

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An original approach to the KYC system

“Know Your Customer”, also known as KYC, refers to the process by which financial institutions and regulated companies inform themselves about their clients before doing business with them, through due diligence and the application of bank regulations.