Indexes
Innovation of the year, Asia: BOCI
Energy Risk Asia awards, 2018: Bank of China International launches first broad-based Chinese commodity index
Energy Risk Asia Research House of the Year: SG CIB
SG CIB’s Asia commodity research team is developing investable indexes that are popular with Asian clients, as well as supplying timely and relevant trading ideas
Structured Products House of the Year: Deutsche Bank
Despite directionless markets, Deutsche Bank is creating customised and innovative structured products that are keeping both institutional and retail clients excited
Energy should be exempt from benchmark rules, argues EC official
Benchmark indexes in energy markets are already well regulated and do not need further oversight, argues EC director-general for energy
Uneconomic trading, market manipulation and baseball
Regulators, including the US Federal Energy Regulatory Commission, are aggressively targeting uneconomic trading in a crackdown on potential market manipulation. Such moves have striking parallels in the history of baseball - some of which might prove…
Tankard natural gas indexes greeted with scepticism
Traders show little enthusiasm for Tankard indexes of European natural gas, despite ongoing concerns about the reliability of assessments by price reporting agencies. Gillian Carr reports
Sponsored webinar: BNP Paribas
In this sponsored webinar, we explore how market participants can benefit from exposure to commodities via index products
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
Are alpha commodity index products sustainable?
Investor interest in alpha commodity index products has surged over the past year and banks are hard at work creating more of them. Can these exotic new instruments really provide a sustainable source of absolute return? And is the market getting too…
Russian / CIS exchanges to launch more derivatives contracts
Chiefs at Russia’s RTS Stock Exchange, the Ukrainian Exchange and Kazakhstan’s Regional Financial Centre (RFCA) reveal that they are looking into launching more exchange-traded funds (ETF), indexes and other derivatives contracts across commodities and…
End-users adopt more complex hedging tools and methods
End-users’ energy and commodities hedging strategies are growing in sophistication as they adopt more complex products and non-traditional tools, says the head of RWE npower’s optimisation desk
A turning point for crude oil indexes
In the year since major producers in Saudi Arabia and Kuwait adopted the Argus sour crude index (ASCI) as a pricing benchmark for their imports into the US, Alex Davis examines the impact the new benchmark has had on global oil pricing mechanisms
ETF Securities launches commodity index tracker fund
Exchange-traded funds (ETFs) and currency specialist ETF Securities has launched the first ETF to track the Dow Jones-UBS Commodity Three-Month Forward Index (DJ-UBSCI F3(SM)), following growing investor demand for diversified commodity related products.
Commodity investor sentiment positive, BarCap survey reveals
Barclays Capital’s fifth annual commodities investor survey reveals positive sentiment towards commodity investing.
DGCX to launch commodity indices
The Dubai Gold & Commodities Exchange (DGCX) will use its futures prices to create commodity indices for the global investment banking and fund industry in the Middle Eastern region.
S&P launches a new version of GSCI index
Standard and Poors (S&P) has launched a new version of its GSCI commodity market index.
S&P GSCI Index Commodity Swaps to clear on CME ClearPort
Standard & Poor's has signed a licensing agreement with CME Group to clear swaps on the S&P GSCI Excess Return Index.
CBOE launches crude oil volatility index
Chicago Board Options Exchange (CBOE) has launched the CBOE Crude Oil Volatility Index (OVX).
US gas market challenges
A new report from the investigative office of the Federal Energy Regulatory Commission finds that competitive natural gas markets in the US are robust, but warns of challenges ahead. Kevin Foster reports
The price of good information
The accounting scandals across the US – particularly at Enron – have led to demands for more independent market data in the energy sector. Who’s providing it, and is it meeting the industry’s needs? Kevin Foster reports