Market risk
Nothing new about bank commodity exits, history shows
The recent exodus of banks from the commodities business is not a first. Alexander Osipovich looks back at the turbulent history of banks quitting the commodity markets, only to come piling back in a short time later
Energy companies divided on approach to Emir clearing
European utilities are concerned about breaching Emir thresholds requiring firms to clear their OTC derivatives trades, while oil majors are resigned to the idea
OTC energy derivatives did not cause the crisis
Over-the-counter derivatives were blamed for the financial crisis, but now the conversation must turn to finding solutions, not apportioning guilt
Energy Risk Asia ETRM Software House of the Year: OpenLink
The software needs of Asian energy trading firms are growing broader and more sophisticated, and vendor OpenLink is eager to respond
Energy Risk Asia Research House of the Year: SG CIB
SG CIB’s Asia commodity research team is developing investable indexes that are popular with Asian clients, as well as supplying timely and relevant trading ideas
Energy Risk Asia Broker of the Year: GFI Group
Despite a difficult year for commodity brokers, GFI Group is demonstrating continued commitment to some of Asia’s more specialised commodity markets
Energy Risk Asia Risk Manager of the Year: GDF Suez Trading
GDF Suez Trading’s Asia-Pacific unit has expanded rapidly thanks to its understanding of the market and strong client support, but timing has also helped
Energy Risk Asia Technology House of the Year: Aspect Enterprise Solutions
Regulation is driving many medium-sized Asian energy trading firms to seek the kind of affordable commodity trading and risk management system Aspect offers
Energy Risk Asia Precious Metals House of the Year: ANZ
ANZ is using its geographical reach and structuring ability to bring together precious metals market participants across Asia
Energy Risk Asia Data Provider of the Year: Thomson Reuters
Thomson Reuters is responding to the specific needs of Asian energy traders, as demonstrated by the development of two oil modules for its Eikon trading software
Energy Risk Asia Energy Finance House of the Year: SG CIB
Societe Generale Corporate and Investment Banking is using its technical skills to win innovative and complex energy finance deals across Asia
Energy Risk Asia CCP of the Year: Singapore Exchange
Singapore Exchange is trying to ease the regulatory burden on both Asian and non-Asian traders by ensuring they can continue to transact where and how they want
Energy Risk Asia Derivatives House of the Year: Citi
With other banks pulling back, Citi’s commitment to physical trading – as well as its comfort taking exotic and illiquid risk – is highly prized by Asian clients
Energy Risk Asia Oil & Products House of the Year: JP Morgan
Despite the sale of its physical commodities business, JP Morgan continues to offer liquidity in a broad range of crudes and refined products in Asia
Energy Risk Asia Exchange of the Year: CME Group
CME Group is seeing growing volumes thanks to a concerted effort to market its international energy products to Asian trading firms
Energy Risk Asia Structured Products House of the Year: Deutsche Bank
Deutsche Bank has been coming up with fresh structured product ideas to suit the tastes of Asian investors and corporate hedgers, despite range-bound markets
Energy Risk Asia Awards 2014
The Energy Risk Asia Awards celebrate excellence across the Asian commodity and energy markets. We present the winners
Trafigura hires ex-JP Morgan Asia commodities head
Danske Commodities downsizes; Citi hires ags sales head; new energy heads at Marex Spectron; Evolution adds Texas power desk; high-level exits at BNP Paribas
Devil in the detail for Mexico power sector reform
The deregulation of Mexico’s state-dominated electricity sector is sparking enthusiasm among international energy firms eager for investment opportunities. But many challenges remain as regulators create the country’s new wholesale gas and power markets,…
Market manipulation won’t be stopped by Socrates or Spinoza
Despite all the headlines about market manipulation, business school ethics classes are not the answer, writes Vincent Kaminski. Instead, it must be emphasised that graduates have much to lose and little to gain from engaging in market abuse
Renewables in Europe: A roadmap for fundamental reform
Subsidies have proven successful at bolstering the share of electricity generated from renewable sources across Europe, but have also created some nasty side effects. Those undesirable consequences could be rectified by a more market-based approach,…
Power pioneer reflects on EU market development
Having been closely involved in Dutch market liberalisation during the mid-1990s, Bert den Ouden has gone on to play a key role bringing Europe’s power markets closer together. He speaks with Gillian Carr
Looking back: Neta set to change UK power market
The UK power market currently faces severe criticism, but when the present market structure was launched in March 2001, it was heralded as ‘ground-breaking’ by industry observers
Mexico to rein in CFE and Pemex market power
Regulators will not allow state-owned electricity and oil and gas companies to abuse their dominance and stifle private competition, says CRE commissioner