Market risk
EEX launches power market transparency platform
The European Energy Exchange (EEX) has created a new transparency platform to publish generation and consumption data to further increase transparency on the wholesale market in conjunction with four Transmission System operators (TSOs) in Germany.
Trayport to link to Nymex and Comex
Trayport has announced a deal to link its Trading Gateway system to the CME's Globex platform and ClearPort clearing system, providing users with access to Nymex and Comex energy and metals products.
GFI EnergyMatch adds dry freight FFAs
Interdealer broker GFI Group has introduced cleared over-the-counter (OTC) dry freight Forward Freight Agreements (FFAs) on to its European trading platform EnergyMatch Europe.
Saxo Bank lowers barriers for entry with launch of commodity CFDs
Copenhagen-based investment bank Saxo Bank has launched its first contracts for difference (CFDs) for investors in commodities, which the bank says will lower barriers to trading energy, metals, soft commodities and grains.
SuperDerivatives partners with Athena
Derivatives technology provider SuperDerivatives has partnered with Canadian natural gas company Athena Energy Marketing (AEM) in an effort to increase market transparency.
CME launches petroleum swaps and minute-marker energy contracts
CME Group today announced the launch of six financially settled petroleum swap futures contracts and six new minute-marker energy contracts, which will be available from mid-June.
OTC Global Holdings pushes into agricultural products
Interdealer broker OTC Global Holdings (OTCGH) has announced the acquisition of two Chicago-based firms, Futures International and T&J Shuff Enterprises, specialising in agricultural futures and options contracts in corn, wheat, soybeans, soybean meal…
Pockets of growth for weather derivatives sector
While activity in the general weather risk market declined in 2008/2009, Asian and European markets showed growth, according to the Weather Risk Management Association (WRMA).
CFTC discusses detail of derivatives plan
Gary Gensler, the newly appointed chairman of the Commodity Futures Trading Commission (CFTC), today explained how the Government's plan to regulate OTC derivatives should be implemented.
Companies increase commodities hedging
Companies around the world are now hedging 55% of their commodity exposure as a result of increased volatility and the global financial crisis, according to a survey by Connecticut-based research consultancy Greenwich Associates.