Goldman Sachs has reduced its trading exposure to commodity risk in the second quarter of 2013

Goldman Sachs has reduced its trading exposure to commodity risk in the second quarter of 2013. Value-at-risk in commodities stood at $19 million per day, down from last quarter and a year ago. JPMorgan has also reported a fall in VaR in commodities consistent with declining prices for oil, metals and grains over the last quarter. Without segmented trading results for commodities, VaR is considered a key risk-reward indicator for these assets. (VIEW LINK)


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