Market risk
Joe Gold
Joe Gold, MD and co-head of commodities at Barclays Capital, talks to Katie Holliday about weathering the financial market turmoil
India lifts ban on four commodity futures contracts
The Indian regulator has given permission for futures trading in soya oil, chickpea, potato and rubber to resume following a seven month ban.
OTC Global Holdings forms new portfolio company
OTC Global Holdings (OTCGH) has formed its ninth portfolio company Pinnacle Derivatives, which will offer a complete range of traded instruments for financial institutions, producers and end users.
JP Morgan launches commodity fund
JP Morgan today launched its Commodity Curve Index Energy Light Fund.The open-ended fund has been designed to replicate the performance of the JP Morgan Commodity Curve Index Energy Light Total Return, the most recent index to be added to the JP Morgan…
UK power project chooses Nasdaq OMX and Nord Pool
The long-running Futures and Options Association (FOA) UK power market design project, aimed at boosting liquidity in the UK's forward power market, has chosen Nasdaq OMX Commodities and Nord Pool Spot to deliver a platform for trading and clearing…
SuperDerivatives expands into electricity
SuperDerivatives has announced that it has added electricity derivatives to its energy and commodities platform from November 17.
TradeCapture expands to Rome office
Energy trading and risk management provider TradeCapture has announced the opening of an office in Rome with Pete Carlile appointed as general manager for Europe.
Commodities will boom despite downturn, says Jim Rogers
Commodities will be the only market safe from the economic downturn, according to investment guru Jim Rogers.
Powernext gas futures to launch on November 26
Powernext has announced that it will launch natural gas spot and futures contracts for the French market on November 26.
Morgan Stanley back trading in Platts oil window
Platts has confirmed that Morgan Stanley has resumed trading in its Asia oil window for the first time since September, indicating that credit issues surrounding the bank, and the wider markets, may be improving.
Trading goes live at South Pool
Trading at the South Pool regional energy exchange, a joint-venture between Slovenian power market operator Borzen and Eurex, began today.
Exelon bid rejected
NRG Energy has rejected Exelon Corporation’s unsolicited merger offer made on 19 October 2008, claiming it “significantly undervalues” the firm.
DME to list products on CME Globex
The Dubai Mercantile Exchange (DME) has announced plans to list its contracts exclusively on the Chicago Mercantile Exchange (CME) Globex platform.
Coal futures contract launched on ICE
Coal-trading platform globalCOAL has collaborated with global futures exchange the IntercontinentalExchange (ICE) to introduce a financially settled coal futures contract, entitled the gC ICE Newcastle Futures contract, specifically designed for the…
Derivatives loss impacts on Reliant’s Q3 results
Reliant Energy has announced a third quarter net loss of $1.04bn, due to unrealised losses of $1.69bn on energy derivatives.
Constellation announces further plans to boost liquidity
Constellation Energy has reported a third quarter loss and announced plans to sell its downstream gas trading operations in an additional bid to increase its liquidity position.
CFTC petitioned to allow clearing of OTC agricultural contracts
Agora-X an electronic trading and negotiation platform for commodities, has petitioned the Commodity Futures Trading Commission (CFTC) to allow the clearing of over-the-counter (OTC) contracts in major agricultural commodities.