Assessment of Manipulations in Commodities Futures Markets

Implementation is complicated, but the forces and fraud of the market in the commodity futures market are not uncommon. While this confusion constrains understanding and prosecution (Fischel and Ross, 1991; Markham, 1993; Pirrong, 2010), fundamental market functions such as hedging and price finding are obviously weakened by fraudulent pricing Hull, 2003). A regulatory framework for commodity futures markets, such as the food corner of the 19th century, was formed and initial demand for regulation was born (Lower, 1991; Sharp, 2009).

In the United States, the Commodity Futures Trading Commission (CFTC) regulates commodity futures trading and option markets. The CFTC's goal is to promote a competitive efficient and transparent market that will help protect consumers from fraud, tampering, and unethical behavior. Even after four major investment banks have investigated the operation of precious metals in 2014, the regulation of commodity markets remains a focus of attention.

The commodity market covers all business of primary products and primary products, from hard products such as gold and petroleum to agricultural products such as wheat and coffee soft products. In the metal commodity market, copper and iron amounted to $ 91 billion and $ 115 billion, respectively, and the oil market alone reached 1.72 trillion dollars. In the joint Memorandum of Understanding (MOU) concluded in December 2017, NR Capital, SingularityNET, and Six Kin Development include application of artificial intelligence to achieve supply chain digitization and complete automation and efficiency of products We agreed to cooperate to achieve multiple purposes. Trade finance business partners will also explore how to introduce SingularityNET's distributed AI market to introduce these new AI services to previously inaccessible consumers around the world. We are looking forward to sharing the results of this partnership with local communities.

The agricultural market is one of the oldest markets in the world history. There is evidence that the first batch of commodity futures contract was written in China 6000 years ago. Does this old market really change? Using artificial intelligence, precision agriculture provides for predictability of the predictability of crop growth and production - automatic operation for transport and Pefin's action for personal funds. As far as agriculture is concerned, this revolution will enable us to cultivate the world in an affordable way. Of course, this is the case where technology makes the world a better place.