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Days of Futures Past Episode 7 | Adi Imsirovic, Director at Surrey Clean Energy and Former Global Head of Oil Trading at Gazprom Marketing & Trading
SmarterMarkets™
The Evolution of CFDs in the Brent Market
In the 1980s and 1990s, there were a number of different markets in Brent. The forward market continued to be used by producers as well as big players. There was also something called DFL Market, which is a dated to front line average month. And then over time you've got another thing which is called EFE, whichYou can actually change your position from physical to futures. It's pretty crazy out there, but it works. But, you know, it's prettycrazy out there,but it works.
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