Risk management
TradeCapture relocates to Houston
TradeCapture, an online software provider for commodity traders, has announced it will be moving its corporate headquarters to Houston , Texas from Stamford Connecticut .
Risk management
British Energy supplies around one-sixth of the UK’s power through its eight nuclear power stations and one coal plant.Prudent trading risk management has evolved in British Energy to optimisefinancial returns on the power generated by its nuclear fleet,…
Valid Assumptions Required: delta-normal VaR
A delta-normal value-at-risk is one of the basic tools of risk management. Brett Humphreys discusses the assumptions associated with this calculation.
Brenda Boultwood
Brenda Boultwood, Constellation Energy's chief risk officer, talks to Roderick Bruce about doing anything you set your mind to
Automating energy markets
Automation in physical energy markets - far behind that of financial markets - is now within striking distance, writes James Caffrey, VP Strategic Consulting, TradeCapture
A new generation of risk
The UK government recently committed to a new generation of nuclear power stations - the first in the UK for 13 years - funded by the private sector. Roderick Bruce examines the financial and regulatory risks facing potential stakeholders
UBS and Merrill Lynch lose energy traders
The latest sub prime mortgage-related write downs at investment banks UBS and Merrill Lynch, have hit their energy trading arms, and a number of traders have resigned or been made redundant in recent days.
Trading psychology
Psychology is a growing factor inenergy price movements requiringmore intelligent and even biologicallybased analytical systems, findsCatherine Lacoursière
Valid Assumptions Required: calculating correlations
Correlation measures are major drivers of value-at-risk. Brett Humphreys and Eric Raleigh review assumptions associated with calculating correlation.
Winning smiles
The winners of the Energy Risk/Risk Commodity Rankings attenda cocktail reception in London
Gaining from complexity: MFMC models
The Masterclass series continues with a discussion of a general multifactor,multi-commodity model. By John Breslin, Les Clewlow, CalvinKwok and Chris Strickland
ICE & GlobalCOAL launch joint coal futures contracts
GlobalCOAL and IntercontinentalExchange (ICE), have joined forces to launch two new coal futures contracts on ICE Futures Europe
Picking up the pace
Ceylon Petroleum Corporation, Sri Lanka's state-run oil supplier and refinery, is keen to increase its use of derivatives for hedging. But that's no simple matter for a government-owned company in an emerging market
The big freeze
The US subprime crisis has shown how market illiquidity can affect trading. Yet liquidity risk is a fact of life for commodity firms. William Rhode looks at how to mitigate it
JP Morgan to guarantee the trading obligations of Bear Energy
Following JP Morgan’s planned $2 per share acquisition of Bear Stearns after a run on the company ended 85 years of independence for the securities firm, the investment bank has moved to secure the trading obligations of Bear’s subsidiaries, including…