Market risk
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.
2007 rankings result tables
A full breakdown of the top dealers and brokers, category by category, including: oil, natural gas, electricity, coal, environment, research, structured products, agricultural products and metals
Energy & Commodity Rankings
Energy : Leader of the pack Metals : UBS takes top metals spot
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
Trading Technologies to support trading on Nybot
Trading software developer Trading Technologies (TT) has announced that from 2 February it will support electronic trading of the New York Board of Trade’s (Nybot’s) benchmark agricultural commodity products through its X_TRADER order-entry platform.
Compliance solutions
Compliance with regulations such as Sarbanes-Oxley and Mifid is putting an increasing burden on energy-trading firms. Roderick Bruce looks at ways of overcoming the latest regulatory hurdles
UBS takes top metals spot
UBS has won top spot in this year's metals poll, pushing last year's winner, Barclays Capital, into second place. Goldman Sachs finishes in third position and HSBC in fourth, in a year characterised by volatile metal prices. By Mark Pengelly, with…
Deregulation backtrack
Montana's new Public Service Commissioner Ken Toole has long been against the deregulation of electricity markets and is now pushing for re-regulation in the state. He talks with David Watkins
Gas portfolio and transport optimisation
Deciding which instruments to use to balance gas flows is not easy. Gido Brouns and Alexander Boogert discuss how to achieve gas portfolio optimisation by integrating this with the various gas transportation options available
Leading the pack
Increased investment in the steadily growing commodity derivatives markets is paying off for many new entrants, but the old guard continues to maintain the biggest piece of the pie. Oliver Holtaway reports
Phase II takes shape
Despite the EC's tough stance on Phase II national allocation plans, carbon prices are drifting downwards. The potential for legal wrangling and uncertainty over the importing of project-based credits could be to blame, reports Henrik Hasselknippe
CATHERINE FLAX
Catherine Flax, global head of commodities marketing at JP Morgan talks to David Watkins about what makes the energy sector so unique
Foot on the gas
Gazprom Marketing and Trading entered the UK in 1999 with ambitious plans. Today it has a presence in six European countries and trades power, oil, coal and liquefied natural gas. Roderick Bruce meets head of trading Keith Martin and business development…
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.
APM gains first owner in western US
ACES Power Marketing (APM), a wholesale energy risk management and transaction execution service company, has gained its first owner in the western US, as it continues to expand its service base in California and the west.
OpenLink acquires IRM
OpenLink, a provider of cross-asset trading and risk management software solutions, has purchased IRM, an Austrian-based energy solution provider focused on energy asset optimisation and strategic planning.
Austin Energy uses World Energy Exchange for electricity purchase
Austin Energy, a community-owned electric utility and an Austin, Texas city department, has purchased 664.8 million kilowatt hours of on-call electricity supply using the World Energy Exchange.
Highbridge Capital and Louis Dreyfus Group create partnership
Multi-strategy hedge fund Highbridge Capital Management and the Louis Dreyfus Group, a global commodities business, have joined to form a merchant energy partnership.