Highlights from Energy Risk Summit USA 2015
Exclusive coverage of congress for energy risk managers and traders
Click on the articles below for coverage of the 2015 conference, held on May 12–14 in Houston.
Video: FCStone calls for balance in capital and margin rules
The CFTC must balance the needs of stability and market liquidity in its US Dodd-Frank Act capital and margin rules, says INTL FCStone's global head of risk
Video: Prices and regulation posing challenges, says NRG's Mackey
Glenn Mackey, the CRO of NRG Energy, says low commodity prices and new rules are major concerns
Video: E.on North America compliance head praises CFTC shift
The head of legal and compliance for E.on Global Commodities North America says the CFTC is being more receptive of end-user concerns
Kraft allegations raise concern among energy end-users
A CFTC complaint against the successor firms of Kraft Foods is a good indicator of how it might deal with end-users holding dominant positions in other markets, say panellists
US energy firms lament liquidity 'void' after bank exits
The retreat of banks from commodities has caused liquidity to dry up, making it much tougher to hedge, say participants
Data doesn't support CFTC on position limits, Giancarlo says
Proponents of the CFTC's proposed Dodd-Frank position limits rule are ignoring "the reality of the data", Republican commissioner Chris Giancarlo says
Massad sees exchange role in policing CFTC position limits
US exchanges could stay in charge of granting bona fide hedge exemptions to end-users as part of the new federal position limits regime, CFTC chairman suggests
CFTC's Massad woos energy firms with Dodd-Frank fixes
US Commodity Futures Trading Commission chairman Timothy Massad stresses the agency will smooth out flaws in the agency's Dodd-Frank Act rules, but sidesteps a question over whether they were rushed
Video: CTRM vendors weigh in on changing demand from energy firms
Vendors say low oil prices, M&A activity and financial regulation are all having an impact on demand for commodity trading and risk management technology
More on Risk management
Energy Risk 2026 Software Rankings: CTRM landscape needs to support resilience
Commodity firms’ software choices across the CTRM landscape are crucial amid current uncertainty
EU can handle energy price pressure – it’s been here before
Reforms made after Russia’s invasion of Ukraine have made region more resilient to energy shocks, officials say
A Hormuz tipping point may be days away
Agent-based model suggests delays and shortages likely to accelerate after four weeks
ENGIE’s Daronnat: pricing flexibility in the German battery market
Head of flexibility and structured origination in Germany discusses the role of FPAs and what risk teams must consider
Next-gen PPA contracts reshaping European power markets
As energy market participants seek new ways of capturing value from volatility, new skills are required to structure and price increasingly complex power purchase agreements
Energy Risk reaction: Impact of Middle East conflict on hedging and longer term risk
Energy Risk talks to Riccardo Rossi at Centrica Energy and Rob McLeod at Hartree Partners about the impact of the Iran crisis so far on firms exposed to energy
Iran strikes a stress test for CCP margin models
CME’s Span2 and Ice’s IRM2 are performing as advertised. The next few days could test their mettle
Energy Risk Debates: the role of the risk manager
Panellists discuss the different roles of the risk manager, how much standardisation there is across firms and whether the role is ever clear
