Risk management
Energy Risk Awards 2016: The winners
Rising commodities powerhouse Citi wins three awards; four nonbank dealers also recognised
Innovation of the year: Societe Generale
French bank adds OTC energy derivatives to its e-trading platform
CTRM software house of the year: Allegro
Developer gained clients despite cutbacks in IT spending by energy firms
Coal house of the year: Javelin Global Commodities
New merchant firm aims to fill void left by banks’ exit from coal trading
Consultancy of the year: PwC
PwC commodity trading and risk practice doubles in past 18 months
Derivatives house of the year: Citi
Citi cracks top three banks by commodity revenue and aggressively pursues big-ticket deals
Agricultural commodities house of the year: Cargill
Swap dealer unit of US commodity merchant expands global reach
Data house of the year: GlobalView
Vendor ramps up offerings in enterprise data management
Grappling with big data: Market data management in energy trading systems
Using analytics to manage multiple large data sets in energy commodity markets should not be an insurmountable challenge – provided the right tools are used, says Mike McSpedon, global head of sales at GlobalView, who discusses the firm’s sterling…
Regulation remains top concern for US energy risk managers
Capital requirements, position limits and other rules still hampering liquidity, conference hears
Dislocations highlight risks of commodity ETNs
Notes face scrutiny after problems with Barclays’ OIL and GAZ products
Moving to the cloud: The next frontier for E/CTRM systems?
As energy and commodity firms cut their IT budgets, a growing number of companies are exploring hosted solutions as a way to cut costs and make their IT infrastructure more nimble
Climate change is the fattest tail risk of them all
Casting doubt on science is an unwise risk management strategy, Vincent Kaminski argues
IT heads of energy trading firms wrestle with budget cuts
Migration to cloud-based solutions considered as budgets fall 20–25% in 2016
Energy Risk Commodity Rankings 2016 photos
The winners of Energy Risk’s Commodity Rankings were honoured at London’s Le Meridian Piccadilly hotel in February
Energy Risk Software Rankings 2016
OpenLink voted best overall ETRM platform in annual survey of favourite vendors, implementation specialists, data providers and data managers
Falling budgets are top IT worry for energy firms
Tech spending by energy trading companies is set to plummet in 2016, survey finds
Phibro CEO eyes opportunities in banks’ retreat from energy
Former Morgan Stanley commodities chief Simon Greeenshields revives famed trading firm
How to get maximum value from power plant hedging
It is common practice to delta hedge, ie re-hedge over time, a fuel-fired power plant’s production. Operators switch hedges from yearly to quarterly and monthly forwards as they become more liquid. Marco Miarelli and Margherita Grasso extend the existing…
Seeking a systemic role
By overhauling old practices and creating a dynamic new culture, Banca IMI hopes to place itself at the centre of the energy trading system. Stefano Rivellini, global head of commodity sales, explains how, by investing heavily in the physical energy…
Axpo continues to build out US trading business
Other moves at BNP Paribas, Castleton, Elliott Management and Koch
Quant Ideas: How VAR can add value to energy market analysis
Using traditional financial tools such as value-at-risk can improve market risk analysis in the energy sector
Commodity hedge funds hope for rebound after 2015 rout
As ranks of commodity funds thin, survivors say investor interest is starting to pick up
OTC trading will live on, SG’s top US commodity trader says
Corporates still need banks for complex, structured deals, says Koppel