Commodities

When it comes to the commodity markets, Banca IMI is an innovative and dynamic institution at an international level.
With access to the main OTC markets and the largest commodity futures exchanges (NYMEX, CBOT, ICE, LME, CME, EUREX, EURONEXT LIFFE, IDEX, etc.) Banca IMI is able to offer an extensive range of products in relation to its clients’ needs.

A dedicated team of professionals at the Milan and London offices, and the subsidiary, Banca IMI Securities Corporation, in New York*, is charged with assisting corporate clients in managing commodity risk and working with institutional clients to identify the best investment opportunities.
Given the activity of the Structuring Desk, the product portfolio available to Italian and international clients is based on seeking out customized solutions for all phases of risk management and the origination of investment and hedging products, systematic hedging strategies and various forms of collateralized financing.  In carrying out these activities, Banca IMI duly considers the accounting and regulatory repercussions of the solutions proposed, as well as the overall financial position of the clients.
With reference to institutional investors, Banca IMI offers investment products on commodity indices, as well as market-making services with respect to certificates and Italian, German and French ETCs, playing a important role in market making on XETRA, Euronext and the ETF Plus and Sedex segments of Borsa Italiana.
The product portfolio include swaps and OTC options on the main underlying assets of the following markets:

  • Power & GasOil & Refined Products
  • Agriculturals
  • Industrial metals
  • Precious metals

Banca IMI has recently extended its operating activity to the physical gas market, thereby rounding out what is already a comprehensive portfolio of financial products.  The purpose of this new activity is to facilitate the counterparties’ access to the market, while also contributing to improve the gas market’s efficiency and liquidity. The Banca IMI specialists are on hand to work with clients in seeking out solutions aimed at optimising employment of capital through the use of physical and financial products on the gas market.

Banca IMI is also involved in precious metal hedging for Intesa Sanpaolo, managing the lending, sale and physical delivery of gold ingots.



* U.S. persons, as defined by the Securities Act of 1933, are advised to contact Banca IMI Securities Corporation directly.