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Article - 1 minute read
Instituting Primary Delayed Compensation Amid Covid-19.
In order to shorten trade settlement, the Primary Delayed Compensation Protocol was approved by the LSTA Board of Directors in October 2018. The protocol went live on March 16, 2020.
Article - 5 minutes read
Unprecedented: Oil & Gas in the Wake of COVID-19
April 20, 2020 was yet, another unprecedented day during unprecedented times. The WTI benchmark dropped below $0/bbl for the first time ever, closing at –$37.63 for May contracts.