Meeting Date:
Wednesday, July 22, 2015
CFTC Staff:
Sharon Bowen
Eric Juzenas
Justin Slaughter
Trevor Tanifum
Organization(s):
ABN Amaro Clearing
BP
Bunge
CME
Commodity Markets Council
Delta Strategy Group
HC Tech
ICE
Louis Dreyfus Commodities
Mercuria
Mondelez
Platts
External Attendees:
External Participants
Alex Albert, ICE
Andy Bose, Platts
David Lehman, CME
David Brown, Mondelez
Steve Campbell, Louis Dreyfus Commodities
Charlie Carey, HC Tech
Tom Erickson, Bunge
Jerry Jeske, Mercuria
Vincent Johnson, BP
Robert Jones, ABN Amaro Clearing
Kevin Batteh, Commodity Markets Council
Gregg Doud, Commodity Markets Council
Jim Newsome, Delta Strategy Group
Additional Information:
Participants discussed the need to finish Rule 1.35, the bona fide hedge exemption to position limits, and the need for greater flexibility regarding companies’ hedging decisions, including with regards to anticipatory hedging and cross-commodity hedging.