Enterprise risk
ETRM software directory
ETRM software directory Energy Risk’s annual directory ofenergy trading and risk management software providers
Making the choice
Choosing the most appropriate front- and middle-office software canbe a perplexing task. Getting the most out of your software selectionrequires a structured approach, writes Ryan Rogers of Enite
And the winners are...
The 2008 Energy Risk Awards ceremony was held in Houston onJune 10. Comedy writer Alan Zweibel presented the awards withEnergy Risk editor Stella Farrington
Power in numbers
Amid the ongoing M&A wave in the exchange and interdealer broker space, six smaller independent brokers have joined forces in a bid to stay afloat in ever-deepening liquidity pools. David Watkins reports
Triple Point Technology acquires INNSINC
Risk management software company Triple Point Technology has acquired Investment Support Systems Inc (INNSINC) for an undisclosed fee.
Russian towards success
Founded in 2000, Lukoil International Trading & Supply Company (Litasco) has become one of the world's leading oil and products traders. Gati Al-Jebouri, CEO of Litasco, tells Roderick Bruce about his company role
Oil and gas industry costs reach new highs
Costs of constructing new oil and gas upstream and downstream facilities have reached record highs, according to indices compiled by IHS/Cambridge Energy Research Associates (CERA).
Brenda Boultwood
Brenda Boultwood, Constellation Energy's chief risk officer, talks to Roderick Bruce about doing anything you set your mind to
UBS and Merrill Lynch lose energy traders
The latest sub prime mortgage-related write downs at investment banks UBS and Merrill Lynch, have hit their energy trading arms, and a number of traders have resigned or been made redundant in recent days.
Traders charged in Nymex Illegal Trading Investigation
Former New York Mercantile Exchange (Nymex) director Steven Karvellas pleaded guilty to defrauding customers following a joint probe by New York prosecutors and the Commodity Futures Trading Commission (CFTC).
Nymex agrees “definitive” $9.4 billion merger with CME
CME Group, the parent company of the Chicago Mercantile Exchange (CME), is to acquire the New York Mercantile Exchange (Nymex) on terms that remain unchanged from CME’s original offer first put forward in January.
Tullett Prebon acquires Primex
Interdealer broker Tullett Prebon is to acquire petroleum products broker Primex.
Imarex buys Spectron
Imarex ASA, the holding company that owns Oslo-based broker / exchange Imarex and clearing house NOS, has agreed to purchase interdealer broker Spectron Group for £70 million ($138 million).
CME/Nymex defend clearing operations
Exchanges defend vertically integrated clearing in face of increasing scrutiny over merger proposals
US regulator casts doubt over CME/Nymex merger
In a briefing released today, the US Justice Department said that financial futures markets that offer their own clearing services could be anti-competitive, which may prove to be an obstacle to CME Group’s plan to acquire the New York Mercantile…
OTC space braces for energy powerhouse
CME's potential acquisition of Nymex will have major ramifications for rivals, say analysts. David Watkins reports