Market risk
Spot market for Asian LNG gaining momentum, traders say
Changing market fundamentals are expected to transform the way LNG is traded in Asia in the next several years, fuelling the emergence of a regional spot index and derivatives market
EU position limits pose headaches for national regulators
Proposed Mifid II limits on thousands of commodity contracts worry some officials
The shale revolution devours its children
After a few years of irrational exuberance, US oil drillers are feeling the pain
SGX hopes to shake up LNG market with new index
Asian LNG traders voice cautious optimism about ‘Singapore Sling’ spot-market index and derivatives contracts
Quant Ideas: How VAR can add value to energy market analysis
Using traditional financial tools such as value-at-risk can improve market risk analysis in the energy sector
Commodity hedge funds hope for rebound after 2015 rout
As ranks of commodity funds thin, survivors say investor interest is starting to pick up
OTC trading will live on, SG’s top US commodity trader says
Corporates still need banks for complex, structured deals, says Koppel
Hedge fund Millennium expands in energy trading
Other hires at Noble Group, JP Morgan and Mercuria
EU capital rules for energy traders not as bad as feared – PwC
Commodity trading firms can slash Mifid II capital charges by 40% through optimisation of derivatives portfolios and application of new Basel rules, report finds
Florida utilities’ $6bn hedging loss spurs public backlash
Firms face heat over out-of-the-money natural gas hedge transactions
New EU market abuse rules worry energy traders
Ban on insider trading in commodities seen as “very tricky”
Energy industry blasts ‘unusable’ CFTC commodity swap data
Vast variety of contracts, lack of coordination by SDRs led to reporting debacle
To assess liquidity risk, one must ask the right questions
A mathematician’s insight during World War II can help guide risk managers today
Mifid II one-year delay not enough to solve problems, energy industry says
The anticipated one-year delay to January 2018 of implementation of the Mifid II rules still leaves energy firms little time to respond to the regime, given the number of key rules still not finalised
Quant Ideas: market-making, risk and information in commodities
Persistent low liquidity in commodity markets is the result of the fundamental interaction of high volatility and noisy data sets. This fact has profound implications for the theory and practice of risk management in commodity markets
Goldman names new head of US power trading
Other commodities moves at BTG Pactual, EDF Trading, Javelin and Munich Re
Energy Risk Commodity Rankings 2016: Rise of the non-banks
Non-banks such as BP and Axpo Trading make a strong showing in Energy Risk’s latest Commodity Rankings, but Societe Generale takes the top spot again as best overall dealer
CFTC takes steps to clean up ‘garbage’ swaps data
Attempts to further standardise swaps in new data reporting proposals are a source of frustration for market participants
Energy Risk Awards 2016 – voting has now closed
Awards recognise excellence across global commodities markets
How ‘Death Star’ and AIG sparked a new era in regulation
Ferc and the CFTC have overlearned the lessons of past crises, and energy traders are paying the price
Ex-Goldman oil trading head seeks to serve 'the little guy'
Ben Freeman, founder and CEO of HudsonField, sees opportunities for non-bank firms in energy lending
ETRM systems emerge as the cockpit for business
In an increasingly complex marketplace, energy trading and risk management (ETRM) systems have become the flight deck from which firms pilot their entire business activity, says Sidhartha Dash, research director at Chartis Research
EU commodity derivatives regulation: 2016 and beyond
Market participants await key deadlines and decisions in the year ahead