Several large traders say openly that they are involved in some aspects of commoditytrade finance.
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Mexico is less reliant on the commoditytrade with China, exporting mainly to the United States.
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Players such as commoditytrade advisors (CTAs) and domestic speculators bought back futures, traders said.
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It could create opportunities for new dealers to fill the void left by the Singapore-based commoditytrade house.
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Separately, the bank said it hired Sander Stuijt as a director in its structured commoditytrade finance team.
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Stuijt would be reporting to Kris Van Broekhoven, head of structured commoditytrade finance for the EMEA region.
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I won't quote anything, I will only quote to my customers, said an industry source at a commoditytrade house.
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The U.S.-China conflict, which has shifted global commoditytrade routes and distorted prices, is not the only factor ailing Argentine crushers.
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Sickafoose was most recently energy trader at global commoditytrade house Vitol and is based in Houston, according to his LinkedIn profile.
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Bangalore-based Eka Software, provides commoditytrade and risk management solutions and its products and services help companies to buy, sell or trade commodities.
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Western banks involved in global commoditytrade flows are also tightening payment procedures for deals with Russia, having already taken similar steps with Ukraine.
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The sources said the bank is not being pressed to sell the entire business, despite increasing scrutiny of Wall Street's commoditytrade in Washington.
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Previously, the bank had only financed commoditytrades occasionally, the spokesman said.
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Several seem to be delayed, a German commoditiestrade source said.
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JPMorgan put its entire physical commoditiestrading business up for sale in July.
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But tighter U.S. and European regulations have made commoditiestrading difficult for banks.