United States (US)
Short term, LNG view
Excitement over fast-growing LNG markets shouldn't blind us to the potential risks
US carbon trade surviving below the radar
As the Trump administration refuses to address climate change both at home and abroad, a growing number of states are taking the lead, but will this enthusiasm reignite US environmental trading markets?
Coal house of the year: Javelin Global Commodities
Energy Risk Awards 2018: Bulk commodity trader helps US coal producers find new routes to growing markets in 2018
Emissions house of the year: Element Markets
Energy Risk Awards 2018: Established environmental business flourishes despite political uncertainty
Shale, pipelines and hubs: turmoil ahead for US gas hedging
Recent changes in US natural gas markets are shifting long-standing correlations and impacting the functionality of hedging instruments, say analysts
DRW calls for physical settlement of bitcoin futures
Prop shop’s head of market structure says underlying spot exchanges are not transparent enough
BAML hires new US head, Ice names model risk head, and more
Ice hires new director of model risk management, EEX appoints senior manager of agricultural commodities, new chairman of Baltic Exchange Advisory Council, and more
Oil hedging rally slows amid backwardation
Recent hedging enthusiasm wanes as shale producers turn to 2019 and 2020 production
Utilities turn to big data to improve pricing models
Smart meters and time-of-use rates could dampen power market volatility and improve hedging
Trade surveillance shouldn’t deter traders
Monitoring costs are forcing commodity players from market participation. It doesn’t have to be that way, say consultants
Bitcoin futures pricing kindles manipulation fears
CME and CBOE insist pricing methodology is robust; critics say contracts are ripe for manipulation
FCMs look to top up initial margin on bitcoin futures
In advance of bitcoin futures launch, brokers seek extra IM buffer from clients
Mifid II position limits regime faces non-EU reporting woes
Position reports will contain “meaningless information”, experts warn
Q&A: Giancarlo stresses importance of international relations
EU regulatory inexperience causes problems for CFTC chairman
Q&A: CFTC’s Quintenz weighs swap dealer threshold impact
Activity-based threshold could be ‘disincentivising’ dealers, says commissioner
Quintenz: former CFTC leadership failed commodities end-users
Commissioner says regulator “poorly defined populations and risk” under Obama administration
People: Genco opens Singapore office, hires head of major bulks
Recent changes at dry cargo, gas trading and gold market participants, among others
CFTC’s Quintenz: dealer threshold could exclude cleared swaps
Commissioner suggests risks should be better considered in de minimis reappraisal
CFTC need not walk the talk on swap data harmonisation
Global compatibility of data fields may be an unnecessary burden to put on an already-stretched industry
US courts restrict reach of Commodity Exchange Act
Recent cases make it harder to pursue instances of overseas misconduct
People: JP Morgan bolsters commodities research
US bank recruits oil strategist, as Societe Generale, OpenLink and others ring changes
Onus to check swap data should be on counterparties – SDRs
CME, Ice and DTCC oppose duty to reach out to non-reporting party for data verification
Ferc urged to prop up illiquid natural gas indexes
A lack of willing price reporters is eroding confidence in key benchmarks
People: US Senate confirms slate of regulatory appointees
Giancarlo confirmed as CFTC chairman, while Quintenz and Behnam join as commissioners; Chatterjee and Powelson restore Ferc quorum