Risk management
Publication of swap definitions triggers countdown to compliance deadline
The publication of swap definitions earlier this week initiates a 60-day countdown for compliance to key parts of the Dodd-Frank Act
Turning points: United Icap's Walter Zimmermann
From meditating with the Maharishi Mahesh Yogi to using fractals to predict oil prices, Walter Zimmermann of United Icap has had a remarkably varied career. Alexander Osipovich reports
Applied risk management series: modelling spreads in energy markets
The modelling of energy spreads, surprisingly, is one of the most overlooked areas in energy finance. Carlos Blanco, Michael Pierce and José Ramón Aragonés explore the most widely used one-factor and two-factor spread models for derivatives valuation and…
Trading positions – August 2012
Energy Risk catches up with the latest appointments, promotions and departures in global commodity markets
Book extract: Energy Markets by Vince Kaminski
Vincent Kaminski’s new book Energy Markets, published by Incisive Media, will be released on January 18 and is now available for pre-order. Below is an edited extract of the author’s introduction in which he explains the content and philosophy of the…
The outlook for mobile energy trading
Could mobile technology revolutionise commodity trading and bring benefits to risk management, or is it more about offering convenience for individuals? And do the potential benefits outweigh the obvious risks? Jay Maroo investigates
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