Standard Chartered Plans to Expand Commodities Team by a Fifth
渣打银行计划对商品团队扩张五分之一
June 23 (Bloomberg) -- Standard Chartered Plc, the U.K. bank that makes more than 90 percent of its profit in emerging markets, plans to expand its commodities trading team by about a fifth this year, with a focus on oil and agriculture.
New traders in crude oil, coffee, cocoa, sugar and other agricultural products will be based in Dubai and Singapore, Jeremy East, the London-based bank's global head of trading in commodity derivatives, said in a June 20 interview. The bank has about 40 commodities traders now, he said.
``Oil prices look well supported as demand continues to remain strong,'' East said in London, where the bank is based. More people will also be hired in Shanghai, he said.
6月23日(彭博新闻)--渣打银行(Standard Chartered Plc)是一个在新兴市场获得其90%利润的英国银行。该银行现正计划在今年把其商品交易团对扩张大约五分之一,其中主要关注石油和农业领域。
Jeremy East(他是该银行商品衍生品交易的全球主管)于6月20日的采访中表示,新的原油、咖啡、可可、蔗糖和其他农产品的交易员将会位于迪拜和新加坡。他说,该银行现有大约40位交易员。
“因为需求继续维持强劲,石油价格看上去有着良好的支撑。”East在伦敦说。他表示,上海的公司也将雇用更多员工。
Securities firms including Lehman Brothers Holdings Inc. and Credit Suisse Group added a record 450 people in commodities last year, according to New York-based recruiter Options Group. The UBS Bloomberg CMCI Index of 26 commodities has risen 30 percent this year, while the Standard and Poor's 500 Index has dropped 10 percent and U.S. Treasuries have returned 1.1 percent.
Standard Chartered this year became a member of the Shanghai Gold Exchange, a spot market for precious metals. China doesn't allow international banks to trade commodity derivatives on domestic exchanges.
``The regulatory environment in China is expected to change over time,'' East said. ``Standard Chartered is well positioned to be at the forefront of the developing commodity derivatives.''
The Shanghai Futures Exchange, which trades copper, aluminum and rubber, is also restricted to domestic firms. China is the world's largest consumer of commodities.
据纽约雇用公司Options Group.称,去年包括雷曼兄弟控股(Lehman Brothers Holdings Inc.)和瑞士信贷集团(Credit Suisse Group)在内的证券公司在商品部门增加了450人。包含26个商品的瑞银彭博CMCI指数在今年已经上升了30%,而标准普尔500指数则下跌了10%,美国国家债券的回报率为1.1%。
今年渣打银行成为了上海黄金交易所(一个贵金属的现货市场)的成员之一。中国不允许国际银行在国内交易所内进行商品衍生品交易。
“随着时间推移,中国的监管环境将可能发生变化。”East说。“渣打银行随时准备冲向发展中国家商品衍生品交易的最前线。”
上海期货交易所(其交易铜、铝和橡胶)也仅限于国内公司。中国是世界最大的商品消费国。