Enterprise risk
CME calls for limits across markets
Chicago-based CME Group has published details of a proposed hard-limits regime, calling on all exchanges to adopt the same measures.
Commodity exchange trading rises 5.4%
Trading of commodity derivatives has risen 5.4% in the second quarter of this year, according to the Swizterland-based Bank for International Settlements.
Masterclass: Valuing generation assets using Monte Carlo simulation
In this Masterclass, Les Clewlow, James Lujun Liu, Doug Meador, Ron Sobey and Chris Strickland describe the use of Monte Carlo methods for valuing generation assets in more detail. In particular, they discuss the appropriate price models to use and how…
Realising operational efficiency
Energy trading companies face special challenges in running automated and efficient operations due to the rapid rate of change endemic to markets. David Foti presents principles that can drive efficiency
Bright futures
Hong Kong Mercantile Exchange (HKMEx) aims to become Asia’s leading commodity exchange. Roderick Bruce discusses the new venture with HKMEx president Albert Helmig, a 35-year commodity market veteran.
EcoSecurities agrees £122.9m takeover by JP Morgan subsidiary
The takeover battle that emerged over Irish carbon project developer EcoSecurites has been won by Carbon Acquisition Company, an indirect subsidiary of JP Morgan Chase & Co.
Sponsored Q&A: Exchanges
Paul Cusenza, Chief Executive Officer, discusses the advent of Nodal Exchange, its unique offering in the US power market and his belief that much of the OTC cash-settled power market in the US can be put on exchange
CFTC implements COT report changes
As of Friday September 4, the Commodity Futures Trading Commission (CFTC) will implement changes to its weekly Commitments of Traders (COT) reports first announced in July.
John Hall Associates and EnergyQuote merge
UK-based energy consultancies and procurement specialists John Hall Associates and EnergyQuote have merged.
UK tax authority arrests carbon fraud suspects
The UK's tax authority HM Revenue & Customs (HMRC) has arrested seven people on the suspicion of a £38 million VAT fraud involving the trading of carbon emissions allowances.
South Korea gears up for carbon targets
South Korean companies are demonstrating increased interest in carbon trading, as the country gears up for setting a 2020 emissions reduction target.
CFTC withdraws ags exemptions
The Commodity Futures Trading Commission (CFTC) withdrew two no-action letters today that provided relief from federal agricultural speculative positions limits laid out in CFTC regulations.
CarbonDesk opens for business
London-based emissions broker the CarbonDesk has obtained regulated status from the UK's Financial Services Authority (FSA) to begin trading futures, options and derivatives products on the global carbon markets.
Amaranth to pay $7.5 Million fine
The Commodity Futures Trading Exchange (CFTC) announced details today of a court order to settle charges of attempted manipulation of natural gas futures prices against Amaranth Advisors LLC and Amaranth Advisors (Calgary) ULC.
CME Group to offer Malaysian crude palm oil contract
Malaysian commodities exchange Bursa Malaysia is to partner with global futures exchange CME Group on trade matching services, product licensing and minor cross-equity investments.
Dynegy announces further losses and asset sale
Wholesale power provider Dynegy has implemented a cost-cutting scheme and plans to sell nine power projects after announcing a $345 million second quarter net loss.
Indonesian commodities exchange to begin trading in September
Indonesia has followed Asian counterparts Singapore and Hong Kong with the launch of its own commodities exchange set to begin trading in September or October. The Indonesia Commodity & Derivative Exchange (ICDX) will initially trade palm oil and gold…
GHG allowances could cost $191 by 2030
The Energy Information Administration (EIA) has predicted greenhouse gas allowances could cost $191 per metric ton by 2030 under the American Clean Energy and Security Act.
CFTC outlines more regulatory concerns
The Commodity Futures Trading Commission (CFTC) ended the last of three public hearings on the energy market today, citing several additional areas of regulatory interest including firewalls, high frequency trading and over-the-counter market regulation.
Optimisation through a component framework
Implementing the most suitable ETRM software for has become increasingly daunting. Paul McLean-Thorne and Tim Hughes investigate
Power plant Greeks
The computation of the price sensitivities - otherwise known as the Greeks - of a power plant is essential for proper hedging and risk management. However, due to the complexity and difficulty involved in the modelling of generation characteristics and…