What’s driving the systematic shift in commodities trading?

What’s driving the systematic shift in commodities trading?

July 10, 2026 · 21 min · Episode 396

About this episode

The episode discusses the growth of systematic trading in commodities markets and its implications for market participants.

Amid elevated volatility and rapid advances in technology, systematic trading is gaining steam in commodities markets. Join Leland Price from the FICC Market Structure & Liquidity Strategy team alongside commodity traders Max Lee and Biko Agozino as they discuss what’s driving the growth of quantitative strategies across commodities and what it means for market participants today. Explore how automation is unlocking access to OTC liquidity, alpha opportunities emerging from inefficiency as well as how API connectivity and AI are shaping the modern trader’s toolkit. This episode was recorded on June 25, 2025. The views expressed in this podcast may not necessarily reflect the views of JPMorgan Chase & Co, and its affiliates, together J.P. Morgan, and do not constitute research or recommendation advice or an offer or a solicitation to buy or sell any security or financial instrument. They are not issued by Research but are a solicitation under CFTC Rule 1.71. Referenced products and services in this podcast may not be suitable for you, and may not be available in all jurisdictions. J.P. Morgan may make markets and trade as principal in securities and other asset classes and…

People in this episode

Host: Leland Price

Guests: Max Lee, Biko Agozino

Topics covered

Mentioned in this episode

Organizations: J.P. Morgan

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