Risk management
ICE to acquire YellowJacket
Electronic exchange and over-the-counter (OTC) market operator IntercontinentalExchange (ICE) is to acquire YellowJacket Software.
Marking to the wrong model
Brett Humphreys and Sarbo Saha show how calibration can reduce model risk but may mislead us into thinking an inappropriate model is working
Tready and tradable
Implementing a new energy trading and risk management system can be complicated, but the difficulty of preparing the entire business for change is often underestimated, say Michael Campbell, Cynthia Sepety and Dutch Holland of management consultancy…
A force to be reconciled with
Reconciling portfolio valuation differences between energy risk management software packages is a crucial task both in system replacements and upgrades. Brian Shydlo of Sirius Solutions introduces the concepts and techniques associated with this activity
Setting the stage for 2008
As 2007 draws to a close, the Energy Risk team asked market participants what they regard as the most influential events of 2007 and how these are likely to shape market behaviour in 2008. By Stella Farrington with additional reporting by David Watkins
Didier Giblet
Didier Giblet started out as a police investigator before moving into finance. The global head of energy and commodities trading at Fortis tells Roderick Bruce how an investigative mind has helped him in his career in energy trading
GFI launches emissions trading platform
Inter-dealer broker GFI Group has launched EnergyMatch, an electronic trading platform for over-the-counter energy derivatives.
CNE innovates in energy risk management
Constellation NewEnergy (CNE), a subsidiary of US utility Constellation Energy, has completed a successful trial of a new risk management programme for large industrial users.
Earnings grow 14% for energy risk professionals
Energy risk management professionals enjoyed an average 14% rise in pay during 2006, according to a survey conducted by Risk Talent Associates, a risk management executive search firm.
Nomura to offer catastrophe risk hedging
Nomura Securities will provide its Japanese clients with risk hedging to transfer catastrophe-related risk to the capital markets via derivatives and catastrophe bonds.
Record volumes for SSY / GlobalCoal screen
Shipbroker SSY has announced a record number of deals on its online freight derivatives trading platform, run in conjunction with coal trading services provider GlobalCoal.
ICE to acquire Chatham Energy Partners
IntercontinentalExchange (ICE) has agreed to acquire Chatham Energy Partners, a brokerage firm that specialises in structuring and facilitating transactions in the over-the-counter (OTC) markets for energy options
CME to offer clearing for ethanol basis swaps
Chicago Mercantile Exchange (CME) will offer clearing for over-the-counter (OTC) ethanol basis swaps from October 5. The service will offer centralised clearing, including daily mark-to-market margining and reduced counterparty risk, to the biofuels and…