Europe
Clearing industry braces for volatility ‘super-cycle’
Green transition may fuel higher cash demands and more risk events, FCMs warn
LME tear-up may have averted ‘multiple defaults’ – CEO
Decision to cancel nickel trades on March 8 forestalled ‘unprecedented’ margin call, argues exchange chief
Back in time: a brief history of LME’s nickel meltdown
As prices went haywire, margin remained frozen and calls to suspend trading were rejected
Revenues soar for SCB as interest in climate risk intensifies
As firms scramble to manage their climate exposures, low-carbon specialist broker SCB is well placed to assist, almost doubling revenues in a year and securing top spots in the 2022 Energy Risk Commodity Rankings
Energy Risk Commodity Rankings: Uncertain times
The winners of Energy Risk’s Commodity Rankings overcame some tumultuous times in 2019, learning lessons that are certainly required in today’s volatile environment
Growing sanctions raise compliance risk for energy firms
Ever-increasing sanctions are ramping up risk for energy firms as regulators step up enforcement, writes maritime data expert
How Onyx came from nowhere to conquer oil swaps
In just four years, market-maker has become the largest provider of liquidity in energy derivatives
Calls to hike climate policy raise risk for oil firms
A ramp-up in policy could place more oil and gas assets under threat of stranding
When climate risk starts to bite
Energy firms under increased pressure to assess physical climate risk
Energy firms grapple with rising customer risk
Understanding the risks a firm is exposed to through its counterparties and customers is vital in today’s world, not just from a credit perspective but for compliance and reputational reasons, writes a senior analyst. Here she shares her experience of…
Some see Esma reining in position limits after review
The scope of position limits could shrink to cover just the major benchmarks, one executive argues
Energy Risk Awards 2019: The winners
BP and Engie pick up two awards each, while BNP Paribas takes the coveted derivatives house of the year
Electric vehicles: a slow-motion car crash for oil firms?
Could electric vehicles be as disruptive to oil and gas firms as renewables are to utilities, and are energy firms taking the risk seriously enough?
AI moves into middle office at energy firms
Energy firms explore how artificial intelligence can boost returns
The aftershocks of Einar Aas
The €114m default of Nasdaq power trader Einar Aas will have consequences across markets - but energy could be particularly badly affected
Lessons from two commodity defaults
Regulators and exchanges need to learn from the Greenhat/PJM default in the US as well as the Norwegian Nasdaq blowout
Climate risk disclosure gains momentum but work needed: TCFD
Few firms disclose financial impact of climate risk, review finds
The foreshocks of Brexit
As Brexit chaos continues, energy firms and traders are upping sticks and leaving the UK
Brexit uncertainty for UK and Irish power markets
Traders remain in the dark about the future of the UK’s participation in the IEM and how a “no deal” Brexit scenario might affect power trading in the future
EU power balancing faces major changes
Three upcoming pieces of legislation will have significant effects on balancing trades for the UK, says energy expert
Lessons for the next round of energy market regulation
More buy-in and more recognition of the commodity market's special features will make future regulation faster and smoother, argues energy expert
Newman retires, ING's new commodities head, and more
Icap veteran Newman retires, ING appoints a new commodities chief, EEX elects a new council, and more
Deal of the year: Engie
Energy Risk Awards 2018: By targeting smaller players in mature basins, Engie creates a structure ripe for replication
Electricity house of the year: Engie
Energy Risk Awards 2018: For global energy firm focus is on anticipating client expectations, not just market trends