U.S. Commodity Futures Trading Commission Plans to Increase Commitments of Traders Report Release Frequency to Twice Weekly

According to TechFlow, on Oct. 27, the U.S. Commodity Futures Trading Commission (CFTC) is working to increase the release frequency of the closely watched Commitments of Traders (COT) report to twice weekly by the end of this year. The report is currently published every Friday and provides a detailed view of buying and selling activity in commodity markets, distinguishing hedge funds and other asset management firms from commercial traders.

Producers rely on this report to help make hedging decisions, while speculators use the data to monitor changes in market positioning and whether related bets have become overly concentrated. CFTC Chairman Michael Selig said last week at an agricultural commodity futures conference in Kansas that the plan to increase the report's release frequency stems from demand from the agricultural sector. (Jin10)

Source: TechFlow