Energy
Turning points: Gazprom M&T's Rob Pringle
European energy firms are pooling IT skills in a forum aimed at tackling regulatory challenges. Gazprom Marketing & Trading’s Rob Pringle, a founding member, speaks to Gillian Carr
Banks retreat from commodity derivatives
Increasing capital requirements and other regulatory constraints are cutting the headcount and risk-taking ability of banks in commodity and energy derivatives. Might this diminished role pave the way for less regulated participants to take their place?…
Energy Risk Europe: Indexes won’t be included in MAD, say panellists
Energy indexes may not be included in EU market abuse rules, but remain likely to be hit by further scrutiny
Ex-Credit Suisse bankers founding energy risk advisory firm
Former head of power trading joins at least one ex-colleague to found Scoville Risk Partners
Risk management strategy low priority for many European energy buyers: survey
Most respondents think oil prices will rise – but few have risk management policies in place to cope with it
Energy firms rethink risk-capital allocation
Today’s capital-constrained environment is driving energy companies to review their approach to allocating the capital required to support risk exposures. David Stokes and Olly Spinks look at the challenges associated with risk-capital allocation and…
Enterprise-wide risk management: The power of cashflow-based metrics
The risks faced by energy/commodity firms need to be assessed via metrics that allow for longer-term outlooks and incorporate risks from asset-backed trading. In the second article in this series, Chris Strickland discusses the range of such metrics…
Volcker rule to pummel US energy industry: IHS
The so-called 'Volcker rule', if carried out the way regulators have proposed, will make it more difficult for the US energy industry to access risk management services, harming oil and gas producers, refiners and utilities, according to a study released…
Multi-factor forward curve models for energy risk management
In the second article of this series, Carlos Blanco and Michael Pierce introduce the most common multi-factor models of the forward curve used for energy derivatives pricing and risk measurement
Managing operational risk at commodity trading firms
Proactive management of operational risk is critical to ensuring an organisation responds effectively to ever-changing market conditions and regulatory environments. Julie Shochat and Kenzel Fallen outline how to align strategy, processes and…
How relevant is VAR for energy markets?
Despite its many limitations, value-at-risk (VAR) is still the most commonly used risk profile measuring tool in the energy industry. In this first article in a new series, Chris Strickland discusses why the energy industry’s love affair with VAR could…
Energy markets face huge change under Mifid II
Many exemptions that commodity firms took for granted under the old Mifid framework will no longer exist when Mifid II and Mifir come in to force. Ellen Davis reports
Off-take deal targets West coast REC demand
Long-term REC off-take deal hedges West coast renewable energy compliance needs out to 2030; RECs demand expected to increase
Energy risk manager outlines post-Dodd Frank reporting vision
Energy risk managers must develop a sustainable reporting system and not focus on finding "perfect technology", says ConocoPhillips risk manager
Video: European power market participants bullish on market coupling
Participants within Europe's electricity markets expect market coupling to continue apace in the next few years, making a European-wide integrated power market possible by 2014
Energy Risk Europe: eurozone sovereign debt fears could exacerbate oil supply problems, says Currie
Fears that the sovereign debt crisis will lead to global financial shock is causing oil producers to reduce inventory and cut back investment – creating a potential supply problem in future, warns Goldman Sachs commodities research head
Rule could make OTC-cleared energy contracts 'endangered species': O’Malia
CFTC commissioner renews support for over-the-counter energy clearing tool in the face of new Dodd-Frank rules that could affect operation
SunGard’s Jackson moves to ICE
Ben Jackson, formerly senior executive vice-president of energy and commodities at technology vendor SunGard, has taken up a new role at the IntercontinentalExchange (ICE)
EC’s Capital Requirements Directive deemed “detrimental” to energy trading
The revised proposal for the Capital Requirements Directive (CRD) presented by the European Commission (EC) on July 20 has sparked serious concerns among energy companies, traders and exchanges
Report recommends ways to tackle energy market manipulation
A new report has suggested a framework for identifying market manipulation, arguing further clarity will boost market liquidity
GFI Group, Inc.
GFI Group, Inc. is a leading provider of wholesale brokerage, clearing services, electronic execution and trading support products, providing services to institutional clients for a range of fixed income, equity, commodity and financial products
Energy experts eye Dodd-Frank tech benefits
Data reporting systems may be far from Dodd-Frank friendly in the energy sector, but experts say users are likely to benefit once they are up and running