Dodd-Frank Act
Newcomer of the Year: Atlantic Brokers
Having started from scratch in February 2013, London-based Atlantic Brokers has managed to grab an impressive market share in European physical and financial coal
Broker of the Year: Icap Energy
New rules and client malaise are posing challenges for energy brokers, but Icap Energy has delivered continuity in terms of quality of execution and the way it has handled regulatory change
Derivatives House of the Year: Citi
While other banks are nervously pulling back from commodity and energy derivatives trading, Citi is boldly pushing ahead
Unfinished rules likely to cause continued hedging woes
Post-crisis financial legislation is generating deep uncertainty for industry participants, making life difficult for companies that rely on commodity markets as a vital way of managing their risk
CFTC eases Dodd-Frank burden on energy companies
In the wake of industry criticism, the US Commodity Futures Trading Commission is taking steps to relax position limits and accommodate the concerns of public utilities in its implementation of the Dodd-Frank Act
Cargill reveals 'struggle' with Dodd-Frank swap dealer rules
Non-financial firms face huge hurdles to comply with Dodd-Frank swap dealer rules, says chief compliance officer for Cargill Risk Management
Energy traders seek flexibility in CFTC position limits
Bona fide hedging definition and complexity of position limits worry panellists speaking at Energy Risk Summit USA
Energy firms beg CFTC for clarity on commodity options
Utilities, oil producers and trading firms are urging the CFTC to issue clarification on contracts with embedded volumetric optionality
CFTC no-action letter could end public utilities' hedging woes
CFTC exempts ‘utility operations-related swaps’ from contributing towards $25 million special entity threshold under Dodd-Frank
Trade reporting special report
Derivatives trade reporting is mandatory in the US and Europe under Dodd-Frank and Emir rules. Energy Risk presents a special report
Energy firms' systems not ready for regulation, survey finds
ETRM systems are ill-prepared for financial and energy market regulation, according to Energy Risk survey
Isda and Sifma blast CFTC position limits rule
Industry groups sceptical of justification for new position limits rule, after suing to block previous version
CFTC has ‘turned the corner’ on swap data mess, says O’Malia
New CFTC working group will iron out inconsistencies between SDRs and address end-user concerns, commissioner vows
US energy firms facing Dodd-Frank trade reporting ‘nightmare’
Differing approaches of swap data repositories haunt energy companies trying to reconcile trades
Commodity position limits may make hedgers think twice
Dodd-Frank and Mifid II position limits could cause firms to withdraw from commodity derivatives
Revived Dodd-Frank position limits worry energy firms
The US Commodity Futures Trading Commission is gearing up for another big fight over position limits, after its original rule was rejected by a federal court. The agency’s latest proposal, released in November, gives market participants little reason for…
Tradition's Mike Anderson cheerful despite headwinds for energy brokers
Regulatory change and tough market conditions are creating deep uncertainty for energy brokers. But Tradition’s Mike Anderson remains optimistic about the business, he tells Stella Farrington
CFTC proposes 'unassailable' position limits rule
CFTC puts forward another Dodd-Frank position limits rule, generating concerns among commodity derivatives end-users
Dodd-Frank special report
Energy Risk looks in detail at the US Dodd-Frank Act and its implications for commodity and energy market participants
A plea for certainty in regulation
Clear and unambiguous rules have the potential to satisfy advocates of sterner regulation, as well as regulated firms
Shell unit seeks to register as swap dealer
Shell becomes second energy company to seek swap dealer status under Dodd-Frank
Dodd-Frank commodity option rules sow confusion among energy firms
Confusion over CFTC rules is tying US energy firms in knots, as they struggle to determine whether their physically settled commodity options need to comply with critical rules issued under the US Dodd-Frank Act. Alexander Osipovich reports
Energy Risk Europe: Commodity derivatives rules flawed, says SEB’s Iwarson
Derivatives regulation will impede attempts by banks to compete and do lasting damage to European market, says founder of SEB’s commodity business
Energy end-users may miss Dodd-Frank reporting deadline
Energy derivatives end-users face uphill struggle to comply with reporting rules when no-action relief expires