Market risk
FERC requirements “burdensome & potentially misleading”
A move to boost the electricity market’s transparency through additional data reporting has drawn criticism and raised questions about the FERC’s focus. Pauline McCallion reports
Global economic ripple effect spreads to US power
Growing US coal exports and increased investor activity are linking traditionally domestic markets such as power to global economic events. Pauline McCallion finds out about this trend
Trading positions - July 2011
Energy Risk catches up with the latest appointments, promotions and departures in global commodity markets
Q&A – CFTC's Scott O'Malia
CFTC Commissioner Scott O’Malia shares his views with Ned Molloy on, amongst other things, systemic risk, position limits, the use of non-cash collateral and the jurisdictions of the CFTC and FERC
Approaches to strategic risk for energy risk managers
Pauline McCallion looks at the challenges the energy risk manager faces when dealing with strategic risk
Grasp of investor trends now a necessity
With investor money in commodities at record highs, understanding investor trends and their impact on the market is becoming ever more important, writes Rebecca Hampson
Weather risk: gauging the exposure
There is now an array of instruments available to hedge weather exposure, but evaluating that exposure is far harder than quantifying standard exposures such as commodity price risk. Garth Renne and Shaun Hatch discuss approaches to analysing wind and…
What lies ahead for weather risk management?
While products and participation continue to evolve, more education will be crucial to boosting weather derivatives use, experts say. Pauline McCallion speaks to market participants about how to continue the market’s evolution
Assessing nuclear risk in the aftermath of Fukushima
Financial losses stemming from Japan’s Fukushima nuclear reactor accident will likely match or exceed losses at banks during the financial crisis. The ripple effect is already being felt by power generators worldwide. Stephen Maloney identifies the…
Commodities Trading and Investment Summit: conference highlights
China, oil prices and the impact of regulation were among the topics hotly debated at Energy Risk’s inaugural Commodities Trading and Investment Summit held in Geneva last month. Ned Molloy reports
Cutting edge: Pricing carbon-linked bonds
Within the framework of Phase II of the EU ETS, which has consecutive compliance periods that allow banking and borrowing, Daniel Bloch expresses the dynamics of Certified Emission Reductions as a function of European Union Allowances, and computes the…
Profile: Anthony Belchambers – CEO, FOA
Derivatives regulation needs to better recognise that sustainable economic growth is risk dependent, says Anthony Belchambers, chief executive of the Futures and Options Association. A disproportionate regulatory response with unrealistic goals will…
Jean-Marc Bonnefous talks China and QE2
Jean-Marc Bonnefous, managing partner, Tellurian Capital Management, talks Chinese growth scenarios, quantitative easing, and their impact on commodity markets
Falling oil prices and Greek crisis a boon to carbon traders
Carbon allowance trading hits all-time high in June as analysts downgrade predicted average ETS Phase 3 price to €22 per tonne
Report recommends ways to tackle energy market manipulation
A new report has suggested a framework for identifying market manipulation, arguing further clarity will boost market liquidity
Growing global gas demand to end Asian LNG spot market?
Experts question whether the nascent spot market for liquefied natural gas (LNG) in Asia could disappear if excess supply replaces nuclear in Germany and Japan
GFI Group, Inc.
GFI Group, Inc. is a leading provider of wholesale brokerage, clearing services, electronic execution and trading support products, providing services to institutional clients for a range of fixed income, equity, commodity and financial products
CFTC position limits: GFI's Cosgrove
Michael Cosgrove of GFI Energy talks position limits, real-time reporting and collateral posting
Energy end-user hedging: BASF's Gonzalez
Alejandro Gonzalez, senior commodities risk manager at the chemicals giant BASF, spoke at Energy Risk USA 2011 in Houston about his approach to hedging in a volatile environment
Valuing wind power: IPR-GDF Suez's Rajan
Karthik Rajan, senior director, strategy portfolio and risk management group at IPR-GDF Suez North America, discusses how elements of commodity risk management can be integrated into the valuation of long-term wind power portfolios
LNG, shale impact on US nat gas: Rodney Malcolm, Citigroup
Citigroup commodities head Rodney Malcolm discusses the natural gas market, focusing on how liquefied natural gas (LNG) and shale gas production are likely to impact regional markets and the global gas market
Energy experts eye Dodd-Frank tech benefits
Data reporting systems may be far from Dodd-Frank friendly in the energy sector, but experts say users are likely to benefit once they are up and running
ICE Europe's commitment of traders reports welcomed by participants
ICE Futures Europe is publishing commitment of traders (COT) reports for its global commodity benchmark ICE Brent crude and ICE gas-oil futures