Risk management
Energy Risk Asia Awards: photo gallery of winners
The Energy Risk Asia Awards celebrate excellence across the region’s commodity markets. On September 23, this year’s crop of winners were presented with their trophies at a glittering gala dinner in Singapore
The secrets of successful energy trading firms
The energy trading world has seen various companies come and go over the years, including utilities, commodity trading houses and banks. Some of those firms have proven to be phenomenally profitable, while others have not. What is the recipe for success?…
Energy trading: veterans reflect on highs and lows
Celebrating Energy Risk’s 20th year, Vitol’s Christopher Bake and Icap’s Paul Newman spoke to editor Mark Pengelly about the history of the energy market and current trends on stage at Energy Risk Summit Europe in October
Mercuria appoints top team following JP Morgan sale
CME Group cuts global headcount by 5%; Deutsche oil trading heads depart; NextEra hires Barclays's Jee; EDF appoints Goldman sales head; Radhakrishnan leaves CFTC
Energy traders ignore legal risk at their peril
Legal risk is a challenge for energy trading organisations, as it eludes traditional quantitative risk management techniques. But its effects can be just as disastrous as other risk management failures, and sometimes worse, warns Vincent Kaminski
Looking back: Chaos ensues at IPE amid protest
Open-outcry trading at the IPE was halted in February 2005 amid a lively protest by Greenpeace activists. The timing was ironic, as Energy Risk reported the following month
EU regulation and renewables seen as big energy risks
Senior risk managers chart biggest concerns for energy companies during panel at Energy Risk Summit Europe, but not everybody agrees the lists are useful
Energy traders must adapt or die, warns E.on risk head
Challenges such as regulation, declining volatility and renewables are making life tough for energy traders, says E.on Global Commodities CRO, but the industry will find solutions
Nothing new about bank commodity exits, history shows
The recent exodus of banks from the commodities business is not a first. Alexander Osipovich looks back at the turbulent history of banks quitting the commodity markets, only to come piling back in a short time later
OTC energy derivatives did not cause the crisis
Over-the-counter derivatives were blamed for the financial crisis, but now the conversation must turn to finding solutions, not apportioning guilt
Energy Risk Asia ETRM Software House of the Year: OpenLink
The software needs of Asian energy trading firms are growing broader and more sophisticated, and vendor OpenLink is eager to respond
Energy Risk Asia Research House of the Year: SG CIB
SG CIB’s Asia commodity research team is developing investable indexes that are popular with Asian clients, as well as supplying timely and relevant trading ideas
Energy Risk Asia Broker of the Year: GFI Group
Despite a difficult year for commodity brokers, GFI Group is demonstrating continued commitment to some of Asia’s more specialised commodity markets
Energy Risk Asia Risk Manager of the Year: GDF Suez Trading
GDF Suez Trading’s Asia-Pacific unit has expanded rapidly thanks to its understanding of the market and strong client support, but timing has also helped
Energy Risk Asia Technology House of the Year: Aspect Enterprise Solutions
Regulation is driving many medium-sized Asian energy trading firms to seek the kind of affordable commodity trading and risk management system Aspect offers
Energy Risk Asia Precious Metals House of the Year: ANZ
ANZ is using its geographical reach and structuring ability to bring together precious metals market participants across Asia
Energy Risk Asia CCP of the Year: Singapore Exchange
Singapore Exchange is trying to ease the regulatory burden on both Asian and non-Asian traders by ensuring they can continue to transact where and how they want
Energy Risk Asia Derivatives House of the Year: Citi
With other banks pulling back, Citi’s commitment to physical trading – as well as its comfort taking exotic and illiquid risk – is highly prized by Asian clients
Energy Risk Asia Exchange of the Year: CME Group
CME Group is seeing growing volumes thanks to a concerted effort to market its international energy products to Asian trading firms
Energy Risk Asia Structured Products House of the Year: Deutsche Bank
Deutsche Bank has been coming up with fresh structured product ideas to suit the tastes of Asian investors and corporate hedgers, despite range-bound markets
Energy Risk Asia Awards 2014
The Energy Risk Asia Awards celebrate excellence across the Asian commodity and energy markets. We present the winners
Trafigura hires ex-JP Morgan Asia commodities head
Danske Commodities downsizes; Citi hires ags sales head; new energy heads at Marex Spectron; Evolution adds Texas power desk; high-level exits at BNP Paribas
Marex Spectron global head of energy departs
Marex Spectron picks Jeremy Elliott and Hunter Baldwin to replace Gordon Bennett, its global head of energy, who has left the broker after 12 years
The 10 biggest energy risk management disasters of the past 20 years
The history of energy trading is littered with losses, bankruptcies and other misfortunes that now serve as cautionary tales. Alexander Osipovich looks back at the biggest energy risk management disasters of the past two decades and how they reshaped the…