Those who trade in grain and soy complex derivatives are very familiar with speculative position limits. There have been such limits in place since the 1930s. However, many other commodity markets are looking at these for the first time.In their zeal to curb so-called excessive speculation in derivative markets, lawmakers included language in the 2010 Dodd-Frank market reform legislation that directed the U.S. Commodity Futures Trading Commission (CFTC) to establish speculative position limits for exchange-traded and over-the-counter (OTC) derivatives for some 28 different physical commodities. In the wake of the 2008/09 financial crisis and the commodity price volatility that occurred before and during this event, many politicians were qui...
A pika (/ˈpaɪkə, ˈpiːkə/ PY-kə, PEE-kə[3][4]) is a small, mountain-dwelling mammal native to Asia and North America. With short limbs, a very round body, an even coat of fur, and no external tail, they resemble their close relative the rabbit, but with short, rounded ears.[5] The large-eared pi...
Lobelia (/loʊˈbiːliə, lə-/[4][5][6]) is a genus of flowering plants in the family Campanulaceae comprising 415 species,[7] with a subcosmopolitan distribution primarily in tropical to warm temperate regions of the world, a few species extending into cooler temperate regions.[8] They are known g...
The Olympic marmot (Marmota olympus) is a rodent in the squirrel family, Sciuridae. It occurs only in the U.S. state of Washington, at the middle elevations of the Olympic Peninsula. The closest relatives of this species are the hoary marmot and the Vancouver Island marmot. In 2009, it was decl...
From WPI Consulting
Like all marmots
An adult Vancouver Island marmot typically measures 65 to 70 centimetres (26 to 28 in) from the tip of its nose to the tip of its tail.