Risk management
Broker of the Year: Icap Energy
New rules and client malaise are posing challenges for energy brokers, but Icap Energy has delivered continuity in terms of quality of execution and the way it has handled regulatory change
Data Provider of the Year: Thomson Reuters
Thomson Reuters has long been a respected provider of data, but it is also enhancing its commodities offering with innovative tools and insight from third parties
ETRM Software House of the Year: Allegro Development
Allegro Development's focus on enterprise-wide efficiency is winning it new clients and bolstering its core ETRM offering
Exchange & Clearing House of the Year: EEX & ECC
The European Energy Exchange and European Commodity Clearing are positioning themselves for growth in their core markets, but also for fresh opportunities much further afield
ETRM Software Advisory House of the Year: Structure
Structure’s expanded strategic advisory services are adding new breadth and insight to its thriving ETRM software advisory practice
Technology House of the Year: TriOptima
Emir and Dodd-Frank are pushing energy companies towards an increasing use of portfolio compression and reconciliation services – a trend that is benefiting TriOptima
Research House of the Year: Marex Spectron
The increasing prevalence of financial trading in commodities means there is a need for innovative technical analytics, which broker Marex Spectron has done well at providing
Energy Risk Manager of the Year: GDF Suez Trading
As banks retreat from commodity market, GDF Suez Trading is expanding its risk management business and broadening its geographic reach
Derivatives House of the Year: Citi
While other banks are nervously pulling back from commodity and energy derivatives trading, Citi is boldly pushing ahead
Quants: how they shaped the modern energy market
Nowadays, quants are well established in energy trading. But the original introduction of quantitative techniques to the industry was far from straightforward, with a lot of hard work involved in adapting financial market models to the energy arena…
JP Morgan and Mercuria reveal post-transaction plans
Icap Energy chief Newman steps down; PetroChina hires products head; BAML makes commodities hires; E.on recruits Barclays power and gas head; Evolution launches US power desk
The hidden revolution in real-world monitoring
With more data available to us than ever before, harvesting, consolidating and transforming it into actionable insight has become Thomson Reuters’ mission, as discussed in this sponsored feature by Leigh Henson, global head of energy, and Stefan…
Unfinished rules likely to cause continued hedging woes
Post-crisis financial legislation is generating deep uncertainty for industry participants, making life difficult for companies that rely on commodity markets as a vital way of managing their risk
Energy traders seek flexibility in CFTC position limits
Bona fide hedging definition and complexity of position limits worry panellists speaking at Energy Risk Summit USA
Fuel hedgers bemoan bank retrenchment from commodities
Delta Air Lines and World Fuel Services describe impact of Wall Street retreat from commodity markets at Energy Risk Summit USA
Looking back: Nymex moves into ‘classy’ new headquarters
CME Group’s Nymex trading floor is now sparsely populated, but back in 1997, the exchange was in urgent need of additional capacity, as Energy Risk reported in May that year
TXU bankruptcy holds lessons for risk managers
The bankruptcy of Energy Future Holdings – formerly known as TXU – should act as a warning to risk managers, who must be alert to excessive self-confidence and a failure to deal with unpleasant or inconvenient facts, argues Vincent Kaminski
Bank-led commodity decorrelation theory rejected by analysts
Unctad economists' argument that bank withdrawals are loosening correlation between commodities and equities "doesn’t make any sense", say analysts
JP Morgan unveils commodities succession plan
John Anderson and Michael Camacho to succeed commodities chief Blythe Masters amid sale of physical business to Mercuria
Trafigura paper reignites debate on systemic risk
Commodity trading houses "are not too big to fail" argues white paper published by Trafigura, attracting mixed views from market observers
End of an era as Masters leaves JP Morgan
Goldman appoints commodities co-head; CFTC's Chilton joins law firm; energy traders flee Barclays; Alan Koh rejoins Morgan Stanley; head of oil trading quits Citi
Energy market has bright future, despite bad news
Energy risk management has come a long way and is serving up unparalleled opportunities, despite poor liquidity and a retreat by banks
Senior commodities salesman quits JP Morgan
David Samuels exits JP Morgan amid commodities shake-up and sale of physical business to Mercuria
Banks tussle to join next generation of commodity dealers
Facing low volatility, a lack of trading opportunities and compliance headaches, major global investment banks are pulling back from commodities. But at the same time, a number of smaller and regional players are actively seeking to increase their…