Commodities

The Commodity Structured Products group consists of a team of commodity specialists drawn from major industrial firms, trading companies, and investment banks. Using a full range of products and services, we exercise a relationship-driven management approach to help clients identify and quantify commodity exposures, and provide innovative risk management strategies and products to manage those exposures.

The CIBC World Markets Commodity Products group, based in New York, with representatives in Calgary, London and Tokyo, is recognized as one of North America's premier energy and metals risk management derivative teams. We work closely with other CIBC World Markets professionals to help our clients deal with the uncertainty and volatility in the energy and metals markets. Our commodities experts are drawn from diverse academic and industry backgrounds, with clients ranging from primary producers (such as oil and gas producers and mining companies), manufacturers (such as steel companies, chemical companies, and refiners), and energy and metals end-users (such as airlines and utilities).

Products

CIBC World Markets Commodity Products covers a wide array of metals and energy markets with a complete line of risk management products including:

Swaps

• Fixed for Floating Swaps
• Basis Swaps
• Time Spreads
• Forwards
• Quanto Swaps

Options

• Caps, Floors, Collars
• European, American, Asian
• Digital
• Swaptions
• Quanto
• Barrier (single, double)
• Contingent
• Compound
• Ladder
• Chooser
• Basket

Structured Products

• Commodity-linked financing
• Inventory Monetization
• Contract Monetization
• Volumetric Production Payments
• Muni-Bond Prepays