Risk management
Ex-SemGroup CEO denies trading strategy caused bankruptcy
Former SemGroup chief Tom Kivisto has criticized a court report that stated his speculative oil trading drove the company to bankruptcy.
SunGard launches Aligne
Pennsylvania-based software firm SunGard has introduced a software solution suite to help energy companies improve and speed up decision making through streamlining and integrating information across different business operations.
Safe haven
Gold has been a favourite with investors looking for a safe haven since last year’s turbulence began. But will this persist in 2009, or will the precious metal start to lose its shine as a hedging option? Pauline McCallion finds out
Profile
To celebrate its 15th anniversary Energy Risk is conducting interviews with veterans who have shaped today's energy markets. This month Katie Holliday talks with energy risk management guru Vincent Kaminski, professor at Houston's Rice University, and…
Morgan Stanley named in FCStone saga
Morgan Stanley has revealed its role in the disposal of a loss-making energy trading account by FCStone in March 2009.
Economic slowdown is top risk facing global businesses
The economic slowdown, regulatory/legislative changes and business interruption have been identified as the top three risks facing companies in the 2009 Global Risk Management survey conducted by risk management consultancy Aon.
First cleared iron ore swap on Singapore Exchange
Singapore Exchange (SGX) will launch the world's first cleared iron ore OTC swap contract on April 27 th .
CFTC launches risk management committee
The Commodity Futures Trading Commission (CFTC) has established a Risk Management Advisory Committee to make reports and recommendations on risk management issues in markets under the regulator's jurisdiction.
Aluminium canned
Aluminium prices hit a seven-year low in March. Is there any bullish news for the market? Roderick Bruce finds out
Hard times for VaR
The Basel Committee's ambitious plan to overhaul VaR models is coming in for fierce criticism. By John Ferry
First agricultural swap on CME Clearport
Starsupply Renewables, a biofuels and agricultural commodities brokerage, has successfully brokered the first ever cleared swap for an agricultural product using CME ClearPort.
Trading positions
Energy Risk catches up with the latest appointments, promotions and departures in global commodity markets
Marc Mourre
To celebrate its 15th anniversary, Energy Risk is talking with industry veterans who have been instrumental in shaping today's energy markets. This month Marc Mourre, managing director and vice-chairman of commodities at Morgan Stanley, talks with Stella…
Expropriation - A very real risk
Expropriation or forced government renegotiation is a big risk for oil companies that is likely to increase in times of lower oil prices. Randel Young and Richard Devine look at how to safeguard against the worst effects
Trading spreads
Ray Eyles, JP Morgan's CEO for European commodities, a 20-year market veteran, speaks to Roderick Bruce about the bank's continued expansion in commodity markets during challenging times for the banking sector
First biodiesel paper swap traded through ClearPort
The first ever over-the-counter (OTC) biodiesel paper swap has been brokered by US firm Starsupply Renewables, through CME Group's ClearPort system.
Shanghai steel futures begin trading
The Shanghai Futures Exchange launched trading in steel futures on March 26 to modest success, with a wide range of trading houses supporting the new contracts, traders and analysts said.
Commodities on Bclear from March 30
Exchange NYSE Liffe will offer clearing for a range of soft and agricultural commodity products on its over-the-counter (OTC) trade confirmation, administration and clearing platform Bclear on March 30. Bclear was launched in 2005 and currently offers…
FCStone disposes of loss-making energy account
FCStone Group, an integrated commodity risk management firm, expects losses of $110m from an unnamed customer's energy trading account, which it disposed of this week.
Banks pull back from market-making
A lack of OTC market-making is causing concern about long-term liquidity in the energy markets. The future of market-making depends on the banking industry, reports Katie Holliday