Risk management
Risk and Energy Risk Commodity Rankings 2015 photos
Winners of the 2015 Risk and Energy Risk Commodity Rankings were honoured on February 19 at a champagne reception in London’s West End. Energy Risk offers a sneak peek
Right-way risk can create a false sense of security
Dealers typically find comfort in right-way correlations between their exposure to energy sector counterparties and the creditworthiness of such companies. While this reasoning is unquestionably correct, it may create a false sense of security, writes…
Goldman and Citi defy gravity on commodity VAR
Commodity VAR at Citi and Goldman Sachs stays about the same or increases from 2012–2014, as other major dealers pare back
Energy Risk Software Rankings 2015
Energy Risk conducted a survey in which it asked energy trading firms to nominate their top ETRM vendors, implementation specialists, data vendors and data managers during December 2014 and January 2015. We present the top ranked firms below
CFTC reveals members of rebooted energy committee
Koch eyes global expansion; Mercuria names Good CFO; BTG Pactual suffers departures; Trafigura hires CFO in Houston; Quantum CEO moves on; Birol picked for top IEA job
Traders and politicians can learn from dead pilots
Flying a plane requires calm execution, attention to risk and counterintuitive strategies to avoid disaster
Morgan Stanley names new commodities co-heads
Evolution unveils European coal desk; Mercuria hires Goldman's cross; New Danske CEO gets to work; Ex-Deutsche Asia power head joins GDF Suez; Gunvor COO steps down
SG CIB wins Risk and Energy Risk Commodity Rankings
Societe Generale Corporate & Investment Banking has topped the poll for the third year in a row in this year’s Risk and Energy Risk Commodity Rankings, which are marked by several dramatic exits and one impressive comeback
Energy traders shun trade surveillance, survey finds
Result comes despite tougher rules on market manipulation and abuse
Commodity derivatives lead the way for OTC reform
Enron proved merits of bottom-up evolution, not change imposed from above
Energy Risk Awards 2015 now open for entries
Awards recognise excellence across global commodities market
Managing external pressures at agricultural organisations
How agricultural commodity risk management strategies have evolved in response to recent market shifts spurred by the global financial crisis.
Finding and retaining trading talent in a competitive agricultural job market
After an active year for mergers and acquisitions, competition is fierce among agricultural trading companies looking to attract the best staff
Hedging commodity exposure in international markets
An increasingly diverse set of market participants require agricultural price risk management tools that can not only match current needs but can also adapt to future market developments
The role of technology in commodities trading and risk management
As more agricultural organisations explore ways to develop and enhance their trading and risk management activities, a flexible, robust, centralised technology platform should be a top priority.
Adapting to change in agricultural commodities markets
The continued evolution of commodity markets has necessitated the development of new risk management strategies and created demand for a more diverse pool of trading partners.
Energy trading: the past, present and future
As part of Energy Risk's 20th anniversary, Energy Risk looks at the development of energy trading and risk management, as well as what may lie ahead for the industry in the next 20 years
Pemex ramps up risk management amid energy reform
Mexico's energy reform is leading state-owned oil and gas giant Petróleos Mexicanos to boost its risk management activities and consider new strategies for commodity hedging
Citi buys Credit Suisse commodity trading books
Citi has entered into a transaction to take on most of Credit Suisse's energy and metals positions, following the Swiss bank's exit from commodities and similar deals with Deutsche Bank earlier this year
Energy traders mine Dodd-Frank data for market insight
Public data feeds required by the US Dodd-Frank Act are offering banks and energy trading firms a window into transactions taking place in uncleared over-the-counter commodity derivatives
Vitol will not replace banks in energy hedging, says CEO
Liquidity provision in energy derivatives markets is not Vitol's role, says the trading house's president and chief executive, Ian Taylor, despite the retreat of major investment banks from commodities
Energy Risk Software Survey & Rankings open for voting
Your chance to participate in Energy Risk's annual energy trading and risk management software survey and rankings
Actively managing risk culture in energy firms: part two
Cultural failings have played a critical role in many well-publicised energy risk management failures, but risk culture is challenging to monitor and assess. In the second part of this series, Carlos Blanco, Jean Hinrichs and Robert Mark propose a…
Head of metals trading leaves Credit Suisse
Emea power head leaves Citi; Noble makes two new hires; Morgan Stanley hires BAML's Felgate; Ex-Deutsche MD joins consultancy; CME energy chief departs