The Ins and Outs of the Commodity Marketplace
Rick Bensignor, founder and president of the Bensignor Group, welcomes Joe Raia, chief commercial officer at the Abaxx Exchange, to share his insights into the derivatives and futures markets as well as imminent ESG changes to the energy industry. Raia explains the LNG market and the process by which it is refined and traded. He cites the creation of many derivatives as risk management tools for sophisticated investors and states that retail traders should educate themselves on the volatility of commodity products. Raia also believes that blockchain technology has the ability to revolutionize the commodity settlement cycle. Filmed on July 21, 2021.