Risk management
Spotlight on post-trade reconciliation in energy markets
Advances in post-trade reconciliation processes have traditionally been slower in the commodity and energy markets than in other asset classes but are beginning to catch up due to improved technology and regulatory pressures, finds Gillian Carr
Reshuffle at RWE Supply & Trading
The management board at RWE Supply & Trading is set to undergo a shake-up following the resignation of Peter Kreuzberg, head of trading.
PFGBest bankruptcy fuels calls for stronger protection of customer funds
The collapse of Peregrine Financial Group, which comes just nine months after the bankruptcy of MF Global, has raised the pressure on US regulators to boost protection of customer funds held by futures commission merchants
Turning points: OMV's Jeffrey Butrico
Expect a challenge in risk management but try not to be a nay-sayer when mitigating risk, Jeffrey Butrico, OMV’s head of corporate risk and insurance management, tells Gillian Carr
Energy Risk Awards dinners – Houston & London photo galleries
Energy Risk’s 2012 awards were presented in both Houston and London. A gala dinner was held on May 15 as part of the Energy Risk USA conference and the European winners celebrated at a ceremony in London on June 13
Special series risk management reporting: Where's the 'RM' in ETRM?
Energy trading and risk management (ETRM) systems tend to have far better ‘ET’ than ‘RM’ functionality, a problem that will only be magnified by the move towards increased regulatory oversight, writes Chris Strickland in the third article of this series
Strategic portfolio analysis - a new approach
Jim Fitzgerald and Andreas Gertsch Grover describe a new technique that allows energy traders and risk managers to play an important role in asset investment decisions
The growing complexity of energy market risk
The recent evolution and increased complexity of market risk has brought greater challenges and responsibilities to the risk manager in charge of market risk mitigation, finds Gillian Carr
Trading positions – July 2012
Energy Risk catches up with the latest appointments, promotions and departures in global commodity markets
Weather study finds that hedging improves firm value
Hedging programmes have a positive effect on a company’s share price and financial performance, according to a new academic study that examines the use of weather derivatives by US utilities
DME appoints Fix as chief executive
The Dubai Mercantile Exchange appoints new chief executive from BNP Paribas
New head of commodities at Musi
Robert Forgrave has joined Mitsubishi UFJ Securities International as head of commodities
Energy Risk USA 2012
The impact of Dodd-Frank, the future of natural gas markets and the risk of extreme weather were all topics of vigorous discussion at the 2012 Energy Risk USA conference. Alexander Osipovich reports
GDF Suez Trading opens Singapore office
GDF Suez Trading, a division of French utility GDF Suez, has opened a trading office in Singapore
Turning points: Labhart Risk Advisors’ Glenn Labhart
Labhart Risk Advisors’ Glenn Labhart talks to Gillian Carr about how trading and risk management functions have evolved over his career, and points to what needs to happen next
Will CFTC's new powers lead to more market manipulation cases?
US regulators have gained new powers to battle energy market manipulation, and the White House is pushing them to act more aggressively. Should traders be worried? Alexander Osipovich reports
Applied risk management series
With accounting standard IFRS 9 due to replace IAS 39 by 2015, Carlos Blanco, Michael Pierce and José Ramón Aragonés explore the implications for energy hedging programmes with emphasis on hedge effectiveness tests and the use of optimal hedge ratios
Trading positions – June 2012
Energy Risk catches up with the latest appointments, promotions and departures in global commodity markets
Boultwood steps down as CRO of Constellation Energy
Move follows merger with Exelon Corporation. Risk management at the combined company will now be run by Exelon CRO, Joseph Glace
Outlook for corporate hedging as banks pull back from energy markets
Will corporate hedgers suffer if more banks pull back from energy and commodities trading? Pauline McCallion examines the issue of dealer retrenchment from the market
Energy Risk Europe and US awards 2012
The past 18 months have certainly not been easy ones for energy market players.
Commodities Research House of the Year: BNP Paribas
This year’s Energy Risk’s Commodities Research House of the Year goes to the commodity market strategy team at BNP Paribas for its accurate, well-timed market analysis and the expansion of both the team and its coverage in the past 12 months