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This paper attempts to test whether the Covid-19 pandemic has an impact on the linkages of the metal futures market of India and China. Taking Daily closing prices from 4 Jun 2016 to 23 Apr 2021 for the seven metals, including copper, aluminum, zinc, lead, nickel, gold, and silver, have been included in the study in the pre-announcement and post-announcement of covid-19 as a pandemic. The autoregressive distributed lag (ARDL) bound test and Johansen cointegration test report no cointegrating relationship between the markets for all the metal futures before the covid period. There is no change in the absence of cointegration in the post-announcement period of Covid-19. Similarly, Granger causality results report no change in the short-run relationship between the metal futures markets except for silver futures. The results have implications for portfolio managers and investors looking to reshuffle their portfolios in the light of changes in the market due to the covid-19 pandemic. [ABSTRACT FROM AUTHOR]

The emergence of digital forex trading is a form of technological progress as well as the impact of trade liberalization which is a product of globalization. Digital Trading Forex (DTF) is a form of commodity futures trading based on a digital platform that uses technology called Artificial Intelligence Technology (AI) and Blockchain. Many previous studies on forex trading, stock investment, legal relations between brokers and investors have been carried out, but none have focused on discussing the draft regulation of Bappebti that suits the needs of the digitalization era. Regulations in Indonesia that regulate trading activities are still limited to manual trading through online electronic systems, so it appears that there is a void of norms regarding global digital trading in Bappebti regulations. This void results in the absence of a standard for identification and verification of the legality of futures brokerage companies in the community. This is the beginning of many fraud cases that are not completely resolved. The blocking action taken by Bappebti to crack down on illegal brokers actually puts trading Customers suffering double losses and it is unlikely that the funds that have been deposited can be redistributed to the Customers. This is an interesting thing to study and analyze further, so that through this research will produce a design of an identification and verification system for brokers so that customers get proper legal protection by using a technological approach. [ABSTRACT FROM AUTHOR]