How Commodities Trading Has Changed
Featuring Joe Raia
Published on: May 28th, 2019 • Duration: 55 minutesJoe Raia, managing director of global commodity futures at R.J. O’Brien, sits down with Rick Bensignor, CEO of the Bensignor Group, to discuss how the commodity futures markets have evolved over the past few decades. Working for some of the world’s largest brokerage and clearing firms - including Goldman Sachs, CME Group, and The New York Mercantile Exchange - Raia has helped create thousands of new financial products and has witnessed the technological revolution and consolidation of commodities futures trading markets and exchanges. Raia and Bensignor dive into the effects of high-frequency trading on oil futures markets, the changing size and scope of futures contracts and prices, and the outlook for the industry a low-interest rate world. Filmed on May 17, 2019 in New York.