Market risk
ICE and NGX expand physical natural gas clearing
IntercontinentalExchange (ICE) and Calgary-based Natural Gas Exchange (NGX) are to provide deal entry capability to energy brokers for physically cleared OTC natural gas contracts.
Technology Special Report
Welcome to Energy Risk’s 2008 Technology Special Report, which includes an informativeSystem Frontrunner section and the 2008 software Directory. This is a comprehensivelisting of companies that provide energy trading and risk management (ETRM)software…
Indianapolis hedges against escalating fuel prices
A fuel hedge and savings programme has netted the US city of Indianapolis over $39,000 during the month of June, according to a press release from the Mayor’s office.
Singapore announces commodities exchange
Trading technology company Financial Technologies Group is to launch a Singapore-based commodities exchange, it has announced.
Singapore announces commodities exchange
Trading technology company Financial Technologies Group is to launch a Singapore-based commodities exchange, it has announced.
Application of MFMC to spread option valuation
John Breslin, Les Clewlow, Calvin Kwok, Chris Strickland and Matthias Pfau continue their discussion of the multi-factor multi-commodity modelling framework
Return of the Jodi?
The Joint Oil Data Initiative (Jodi) to improve oil market data has failed toimpress. But after receiving a tougher mandate at June’s Jeddah EnergyMeeting, that could be about to change, writes Eithne Treanor
ETRM software directory
ETRM software directory Energy Risk’s annual directory ofenergy trading and risk management software providers
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
Volatility in dry bulk freight rates
Volatility in dry bulk freight rates has hit record levels in recent weeks.Peter Norfolk at SSY Consultancy & Research discusses the trend
Uncharted territory
As crude oil prices soar, the coming hurricane season looks set to add yet more complexity to US airlines’ dynamic hedging programmes. Catherine Lacoursière reports
Explaining bias in mean-reversion speed estimates
Current estimates of mean-reversion speeds for energy commodities may be strongly biased toward zero. Cliff Parsons explains the bias
Valid Assumptions Required: Monte Carlo VaR
Brett Humphreys discusses the many decisions associated with the calculation of a Monte Carlo value-at-risk.
Jet fuel futures contract takes off at MCX
Mumbai, India-based Multi-Commodities Exchange (MCX) has begun trading jet fuel futures contracts to help Indian airlines and refineries hedge against rising crude oil prices.
Barclays Capital launches US power index
Barclays Capital, the investment banking division of Barclays Bank PLC, has launched the first US national benchmark index for power prices.
Pivot accesses over-the-counter market
Pivot Instant Markets is an improved version of Pivot 360 which offers over-the-counter (OTC) traders faster and more efficient methods for trading.
GFI introduces Nymex CAPP
Inter-dealer broker GFI has introduced a Nymex look-alike Central Appalachian (CAPP) coal contract that can be cleared via Nymex Clearport.
Texas power spikes set tone for summer
Recent surges in US wholesale power prices are driving debate as to whether current spark spreads are large enough to encourage new build. David Watkins reports
A meeting of minds
Now in its 12th year, the Energy Risk USA conference in Houston once again brought together key figures in the energy industry to debate the hottest topics. The Energy Risk team reports
Marty Malinow
Newly crowned WRMA president Marty Malinow tells David Watkins that there's fewer than six degrees of separation between life, business and the weather markets
Between software and a hard place
The influx of new financial entrants to the energy markets is fuelling demand for less expensive web-hosted ETRM solutions and changing attitudes across the industry. How realistic such solutions currently are, however, is under debate, writes Will Rhode