Risk management
Martin Fraenkel
Martin Fraenkel, the global head of commodities at Calyon, talks to Katie Holliday about the commodity he values most highly – people
MF Global establishes nuclear trading desk
Broker MF Global has set up its first nuclear fuel trading desk. Based in London, the new desk will provide the primary nuclear fuel market with a forum for the sale and purchase of physical uranium oxides, as well as a suite of uranium price hedging and…
Braemar and Tullett Prebon form FFA broking team
UK-based shipping company Braemar Seascope and global inter-dealer broker Tullett Prebon have initiated a joint-venture to concentrate on broking forward freight agreements (FFAs).
Evolution launches catastrophe derivatives division
Environmental brokerage firm Evolution Markets has introduced a brokerage and transaction service to focus on the catastrophe derivatives market.
Calibrating trees to the market prices of options
How trinomial trees can be used to calibrate a local volatility model tothe market prices of average price options. By Jim Clark, Les Clewlowand Chris Strickland
Where to now?
Is risk management improving? Are thegas markets safe? Where are oil pricesgoing? Respondents give their opinionsin a survey conducted at Energy RiskUSA. Katie Holliday reports
Nymex steeled for futures launch
New York Mercantile Exchange plans to launch index-based financially settled steel futures contracts early in the fourth quarter of 2008.
Trading strategies - Walking a fine line
A worrying trend is emerging in the UK corporate world, with many companies adopting extremely risky strategies in a bid to reduce their exposure to energy price volatility, says Utilyx chief executive Chris Bowden
Profile: Constellation NewEnergy
Constellation NewEnergy has earned a reputation for effectively manoeuvring its clients through the highly volatile US electricity markets. Jayne Jung reports on the company's i2i online risk management programme
The state of freight
With freight derivatives volumes at record highs, investor products are now being developed in the shipping derivatives market. Ryan Davidson looks at whether the market has matured sufficiently to attract investor interest
Technology Special Report
Welcome to Energy Risk’s 2008 Technology Special Report, which includes an informativeSystem Frontrunner section and the 2008 software Directory. This is a comprehensivelisting of companies that provide energy trading and risk management (ETRM)software…
Indianapolis hedges against escalating fuel prices
A fuel hedge and savings programme has netted the US city of Indianapolis over $39,000 during the month of June, according to a press release from the Mayor’s office.
Application of MFMC to spread option valuation
John Breslin, Les Clewlow, Calvin Kwok, Chris Strickland and Matthias Pfau continue their discussion of the multi-factor multi-commodity modelling framework
ETRM software directory
ETRM software directory Energy Risk’s annual directory ofenergy trading and risk management software providers
Making the choice
Choosing the most appropriate front- and middle-office software canbe a perplexing task. Getting the most out of your software selectionrequires a structured approach, writes Ryan Rogers of Enite
And the winners are...
The 2008 Energy Risk Awards ceremony was held in Houston onJune 10. Comedy writer Alan Zweibel presented the awards withEnergy Risk editor Stella Farrington
Volatility in dry bulk freight rates
Volatility in dry bulk freight rates has hit record levels in recent weeks.Peter Norfolk at SSY Consultancy & Research discusses the trend
Explaining bias in mean-reversion speed estimates
Current estimates of mean-reversion speeds for energy commodities may be strongly biased toward zero. Cliff Parsons explains the bias
Valid Assumptions Required: Monte Carlo VaR
Brett Humphreys discusses the many decisions associated with the calculation of a Monte Carlo value-at-risk.
Triple Point acquires ROME
Risk management software provider Triple Point has acquired credit risk management provider ROME.
Pivot accesses over-the-counter market
Pivot Instant Markets is an improved version of Pivot 360 which offers over-the-counter (OTC) traders faster and more efficient methods for trading.