Exchanges
Spreading opportunities
Volatile European gasoil and US heating oil prices mean traders must follow inventory and temperature forecasts carefully to stay on the right side of moves in outright and spread values, writes Logical Information Machine's energy analyst Daven Voorhies
DME announces launch date
The Dubai Mercantile Exchange (DME), the Middle East’s first energy futures exchange, has announced that it will officially launch on 1 May.
CME launches hurricane index
The Chicago Mercantile Exchange (CME) is expanding its weather derivatives product range with the launch of CME-Carvill Hurricane Index futures and options on futures contracts.
Nymex to list catastrophe risk futures contracts
The New York Mercantile Exchange (Nymex) has announced that it will list three new financially settled catastrophe risk (CAT risk) index futures contracts.
Nymex and Montreal form alliance
The New York Mercantile Exchange (Nymex) is to form a “strategic alliance” with the Montreal Exchange (MX), Canada’s largest financial derivatives exchange.
ICE/Nymex rivalry deepens over softs
Soft commodities such as coffee and sugar are the latest battleground for rival exchanges ICE and Nymex. David Watkins charts the showdown
Projecting risk
Oil and gas projects have high investment stakes, so weighing up the risks and viability of a project against an existing portfolio is essential. Dan Patterson looks at some techniques
Nymex abandons UK exchange
The New York Mercantile Exchange (Nymex) has effectively ended its trading presence in the UK by applying for its subsidiary, Nymex Europe, to be deregistered.
Energy dominates Union address
President George Bush has set out bold plans for renewable energy in his annual State of the Union address.
Energy dominates State of the Union address
US President George Bush has set out bold plans for renewable energy in his annual State of the Union address.
Energy dominates Union address
US President George Bush has set out bold plans for renewable energy in his annual State of the Union address, but experts question whether they are realistic.
Goldman Sachs doubles stake in Climate Exchange
Shares in Climate Exchange, the UK-listed company that owns the European Climate Exchange (ECX) and the Chicago Climate Exchange, rose by around 5% after the company disclosed that US investment bank Goldman Sachs has doubled its stake to 19%.
ICE and Nybot merger complete
The merger between electronic energy trading platform IntercontinentalExchange (ICE) and the New York Board of Trade (Nybot) is complete. The soft commodity exchange is now a wholly owned subsidiary of ICE as part of a for-profit, publicly traded…
Optionable adds new listings
Energy brokerage Optionable is now listing contracts for crude oil, heating oil and gasoline through its Opex trading platform.
EC takes firm line on emission allowances
As Phase II of the EU ETS comes in to effect, the EC has slashed the national allocation plans of more than ten member states, writes Oliver Holtaway
Nymex to offer soft commodities
The New York Mercantile Exchange (Nymex) has entered the soft commodity space with the launch of six new futures contracts on its ClearPort clearing and trading platform.
Nybot members support Ice merger
Members of the New York Board of Trade (Nybot) have voted overwhelmingly in favour of a proposed merger with IntercontinentalExchange (Ice).