News
ICE Europe's commitment of traders reports welcomed by participants
ICE Futures Europe is publishing commitment of traders (COT) reports for its global commodity benchmark ICE Brent crude and ICE gas-oil futures
Dodd-Frank ready? Structure's Huxtable
More than 75% of energy companies are in “wait-and-see” mode or still assessing how Dodd-Frank regulation will affect their business, according to The Structure Group's Leonard Huxtable
US carbon outlook: John Melby, GreenX
John Melby of Green Exchange (GreenX) discusses the current carbon market in the US, the potential for international links in the future and the emergence of other environmental markets such as water
EFETnet, DTCC to set up commodity derivatives repository
A partnership between EFETnet and DTCC aims to create a global commodity derivatives trade repository, which will provide regulators one point of contact for trade data
Paul Hawkins new global head of commodities at Credit Suisse
Credit Suisse has hired Paul Hawkins as a managing director and global head of commodities, to join in August.
Aramco Trading advances towards launch
More demand for trading systems from Middle East expected as Aramco Trading selects ETRM system
CFTC to provide Dodd-Frank deadline exemptions today
Dodd-Frank deadline exemptions should limit market disruption, but more clarity on rules and timings needed, says CFTC commissioner Scott O’Malia
Position limits will feed risk into real economy, say energy companies
Energy market participants have expressed doubt that European position limits proposals will achieve reductions in market volatility, and warned of unintended consequences for end-users' risk management
BritNed debut well-received; step to single market
Healthy trading volumes and auction interest bode well for the BritNed interconnector, say European power market participants. Anna Reitman looks at the prospect of a spot market
As US hurricane activity falls, Asian weather risk rises
US weather conditions are purported to become more neutral this year, but forecasters are already looking to Asia as a potential risk management growth area. Pauline McCallion reports
Carbon price of €60/ton needed to hit targets say traders
Carbon brokers estimate that €60 per European Allowance (EUA) will be needed in the third phase of the Kyoto protocol if the 80% emissions reduction target is to be met by 2050.
Trading positions - June 2011
Energy Risk catches up with the latest appointments, promotions and departures in global commodity markets
Dodd-Frank puts market manipulation on the radar
Dodd-Frank regulation could usher in more market manipulation cases such as the recent CFTC case against Arcadia Petroleum, Arcadia Energy and Parnon Energy, say market experts
Market focus on summer reliability after outages
North American power supply expected to meet demand this summer as Texas system faces increased scrutiny after winter outages
Energy Risk USA: could anti-manipulation rule curb energy activity?
Dodd-Frank manipulation rules could “chill” energy market and boost regulatory infrastructure costs: ER USA panel
Acquisition boosts awareness of carbon capture and storage
2Co takeover of Powerfuel could improve profile of carbon capture and storage
Energy companies warned on end-user status
Energy Risk USA speakers concerned about reliance on end-user status; urge energy companies to begin Dodd-Frank compliance planning
Dodd questions restricting collateral to cash
Co-author of the Dodd-Frank Act shares concerns of energy companies that wish to post non-cash collateral to meet new requirements
Trend towards in-house clearing could increase fees and admin
The LME is the latest exchange considering whether to build its own clearing business. If the trend continues, banks could face more fees and administration
GDF Suez chooses bank status for new trading arm
European energy giant GDF Suez this week launched a new trading unit, choosing to obtain bank status that prepares it for potentially tougher European regulation of commodity trading
Will ruling create agreement on regulatory jurisdiction?
The FERC’s $30m fine for former a Amaranth trader has set a strong precedent for market manipulation cases, but regulatory overall jurisdiction remains unclear. Pauline McCallion reports
US energy speculation investigation begins anew
The latest effort by the US government to investigate the impact of speculation on oil prices has been met with cynicism by market participants. Pauline McCallion reports
Trading positions - May 2011
Energy Risk catches up with the latest appointments, promotions and departures in global commodity markets
SMX chief resigns, will stay on advisory board
Thomas McMahon, chief executive of the Singapore Mercantile Exchange (SMX) resigned over the weekend