Commodity traders must go digital or face extinction: report

As commodity margins flat-line, the number of traders will shrink as existing trading firms consolidate and digital rivals emerge, U.S. consultancy Oliver Wyman said in its annual commodity trading report. With the exception of oil and natural gas boosted by volatility last year, growth across commodities is plateauing with combined margins stuck at around $44 billion per year in 2014 and 2015, the report said. Wyman sees digitization as the game-changer in the next few years that will force ind