Commodities
Deal of the year: Citi
Citi acquired at least a dozen commodity books from rival dealers in 2014
Price reporting veteran set to leave Platts
Goldman makes top-level changes; APX CEO to step down; Citi hires JP Morgan risk head; Calpine hires Goldman’s Griggs; Neas adds in power and gas
Massad says CFTC is willing to hear energy firms’ concerns
In an exclusive interview at Energy Risk Summit USA in May, CFTC chairman Timothy Massad chose to highlight the agency’s willingness to hear industry arguments on issues such as trade reporting, position limits and record-keeping
New CEO Mausbeck oversees shake-up at Danske Commodities
Dirk Mausbeck, the new chief executive of Danske Commodities, is striving to bring the Denmark-based trading house back into top form after a turbulent year
Financial trading worsened oil plunge – Risk.net poll
Most respondents to a recent Risk.net poll say paper trading had some impact on the recent decline in crude oil prices, but disagree about how much
Icap Energy’s Francis wrestles with regulatory change
Icap Energy's new head of energy and commodities in Europe faced tough decisions in his first few months of the job
Risk and Energy Risk Commodity Rankings 2015 photos
Winners of the 2015 Risk and Energy Risk Commodity Rankings were honoured on February 19 at a champagne reception in London’s West End. Energy Risk offers a sneak peek
US record-keeping rule hits commodity derivatives end-users
Changes to CFTC rules following the US Dodd-Frank Act are forcing end-users to retain piles of pre-trade communications and other business records. The commission has moved to relax the burden on end-users, but companies are still grumbling about the red…
Goldman and Citi defy gravity on commodity VAR
Commodity VAR at Citi and Goldman Sachs stays about the same or increases from 2012–2014, as other major dealers pare back
Quant ideas: Building a better LNG forward curve
A robust suite of liquefied natural gas (LNG) forward curves is an important prerequisite for the proper valuation and risk measurement of LNG portfolios. This article provides an overview of effective methods for constructing long-term LNG forward price…
LME eyes Asian growth while dealing with regulation
Under chief executive Garry Jones, the London Metal Exchange is eagerly pursuing Asian growth. But the exchange is also spending much of its time dealing with the consequences of stricter regulation in more mature markets
Energy Risk Awards 2015 now open for entries
Awards recognise excellence across global commodities market
Managing external pressures at agricultural organisations
How agricultural commodity risk management strategies have evolved in response to recent market shifts spurred by the global financial crisis.
Finding and retaining trading talent in a competitive agricultural job market
After an active year for mergers and acquisitions, competition is fierce among agricultural trading companies looking to attract the best staff
Hedging commodity exposure in international markets
An increasingly diverse set of market participants require agricultural price risk management tools that can not only match current needs but can also adapt to future market developments
The role of technology in commodities trading and risk management
As more agricultural organisations explore ways to develop and enhance their trading and risk management activities, a flexible, robust, centralised technology platform should be a top priority.
Biofuels go global
With global output at an all-time high, and increasing demand for clean and secure energy, biofuels have become integral to international energy markets. SCB & Associates explains how it offers customers the market insight and product knowledge to trade…
Adapting to change in agricultural commodities markets
The continued evolution of commodity markets has necessitated the development of new risk management strategies and created demand for a more diverse pool of trading partners.
Managing risk in agricultural commodities
Agricultural commodities are rarely written about in the mainstream financial media, and often only hit the headlines when an extreme weather event or natural disaster affects supply and prices.
Energy trading: the past, present and future
As part of Energy Risk's 20th anniversary, Energy Risk looks at the development of energy trading and risk management, as well as what may lie ahead for the industry in the next 20 years
Citi buys Credit Suisse commodity trading books
Citi has entered into a transaction to take on most of Credit Suisse's energy and metals positions, following the Swiss bank's exit from commodities and similar deals with Deutsche Bank earlier this year
CFTC chairman vows to 'get it right' on position limits
Chairman seeks to reassure farmers worried about bona fide hedge exemptions in proposed position limits rule
Actively managing risk culture in energy firms: part two
Cultural failings have played a critical role in many well-publicised energy risk management failures, but risk culture is challenging to monitor and assess. In the second part of this series, Carlos Blanco, Jean Hinrichs and Robert Mark propose a…
JP Morgan commodity heads reveal plans for the future
JP Morgan sold its physical commodities business to Switzerland-based Mercuria in October, a major retreat after years of aggressive expansion in energy and metals. But in an exclusive interview, the bank’s new global co-heads of commodities tell…