Risk management
In search of STP
Trading complexity, compliance issues and increasing competition are all driving companies to improve their electronic STP processes. Eric Fishhaut takes a look at some of the latest developments
Technology - Build or buy - To build or buy?
Today's complex energy markets mean the traditional decision of whether to build or buy trading and risk management software systems has never been more important, writes Mark Raine
Technology - Market Overview - Hot markets for ETRM applications
With high and volatile energy prices driving an increase in energy trading, energy companies and financial institutions playing in energy markets will need to focus on the most advanced technology to meet the needs of this fast paced market, writes Jill…
Valid Assumptions Required: Historical Simulation VaR
Brett Humphreys discusses the assumptions underlying the calculation of a VAR using the historical simulation methodology.
Technology - Project management - A stitch in time
Companies entering the energy sector have a fairly short window of opportunity to get up and running. City Practitioners Ian Bentinck and Jeremy Taylor examine some of the technological and project management issues that can arise
EEX launches coal futures
Two major exchanges announced the launch of coal futures contracts last month, sparking fears that the competition might cripple liquidity in this fledgling market
BNP Paribas appoints Amine Belhadj
BNP Paribas has appointed Amine Belhadj as global head of commodity derivatives. He reports to Dominique Remy, global head of energy, commodities, export and project finance (ECEP) and Yann Gerardin, global head of equities and derivatives, and will…
Valid Assumptions Required: examining forward curve assumptions
Brett Humphreys and Eric Raleigh review assumptions about the forward curve and the difference between relative and absolute dates.
Steve Leppard
BP's Steve Leppard combines quant skills with sound business sense to create effective risk management solutions. He speaks to Oliver Holtaway about his career
A model of time-varying volatilities in futures contracts
Despite the utility of forward price models in the risk management framework, models of spot prices are used more prevalently. Ted Kury presents a tractable model with time-varying volatility, that allows for temporal changes
Freight derivatives market
Energy Risk looks at the latest developments in this expanding market
Clearing the way for competition
Until recently, NOS was the only player offering clearing for freight derivatives. But with the arrival of new players, competition is set to intensify. Oliver Holtaway reports
Optimal results
Effective portfolio management has become crucial for energy companies, but creating the optimal portfolio is fraught with challenges, writes Colin Cooper
Stepping up a stage
Optimism over the freight derivatives market, which waned a little at the end of last year, is on the rise again, as volumes increase and new players enter. There are still hurdles to overcome though
Industry gets energised
Attracting some 300 delegates, this year's Energy Risk USA conference was by far the biggest and most successful it's been since the fall of Enron, writes Stella Farrington
EnergyRisk Awards 2006
The Energy Risk Awards 2006: we honour the talent, innovation and enthusiasm that sit at the heart of the energy risk management industry.
Pricing illiquidity in energy markets
Illiquidity is sadly a typical feature of many energy derivative markets. In this paper Stefano Fiorenzani proposes the application of a methodology, originally developed for equity markets, to overcome this problem