Operational risk
CME slams potentially stricter position limit rules
CME Group chief executive slams proposed position limit regulations as “unnecessary”
Energy Risk Software Rankings 2011
Sandwiched between a global recession and fast-approaching and intense regulatory change, energy companies increased their ETRM spend last year and plan to do the same in 2011. Pauline McCallion reports on Energy Risk’s latest software survey and rankings
Cutting edge technical: Carbon derivatives pricing
In carbon dioxide equilibrium models, permit prices are positive and bounded by the penalty level. To obtain closed-form solutions to the pricing of carbon dioxide derivatives, Daniel Bloch models the permit price as a function of a positive unbounded…
Steady progress for European power market coupling
Market coupling is widely regarded as one of the most important methods of improving efficiency in the European electricity markets. But can the various initiatives in place and in the pipeline – with their multitude of stakeholders and interests –…
Data consolidation and regulatory reporting for energy firms
In their second article on data governance, Rakesh Singh and Prashanth VV set out the reporting options available to energy firms to manage growing volumes of data and demands for more information from regulators
Solid growth expected for Asian coal markets
The market reaction to the supply problems caused by the La Niña weather pattern has illustrated how robust the Asia and Asia-Pacific coal sector is becoming. Alex Davis examines the scope for growth in both physical and derivative markets in the region
Energy Risk Deals of the Year 2011
In this extended feature, Energy Risk highlights seven key deals within the energy and commodities sector that have helped to shape and advance the market over the past 12 months. The deals cover a wide range of areas and together showcase the wealth of…
US: States rethink carbon trading scheme
New Hampshire House votes to leave RGGI, New Jersey could follow; change in states’ attitudes to cap-and-trade “not surprising”
Volatility spike boosts oil options trading volume to all-time high
The sharp increase in oil price volatility resulting from political upheaval in Libya and across the Middle East has helped push the volume of oil options traded to a new all-time high
Algorithmic trading will come to coal and natural gas, says exchange president
When coal and gas futures reach the liquidity levels of oil, algorithmic traders will enter the marketplace
Energy companies face software integration issues
Energy Risk software survey shows traders plan to add to ETRM systems in 2011; vendors discuss integration problems
Sponsored profile: Standard Bank
For Standard Bank, operating in the commodities business is not about the next profitable transaction, it’s about solutions to problems that its clients face daily. Janelle Matharoo, global head of energy sales & trading, talks to Energy Risk
Gazprom’s Medvedev compares shale to dotcom bubble
"Massive" shale production unsustainable at current prices; Gazprom has no plans to invest
Netherlands–Belgium cross-border intra-day electricity trading begins
Move will lead to alignment of intra-day fees in March
International banks to fight over ANZ and Westpac power trading experts
As the Australian power market grows, international investment banks will need to bag the local talent to capitalise on the opportunities presented, say experts
Macquarie moves into Canadian crude
Macquarie Group expands into Canadian crude market; hires ex-Trafigura Canada president to lead new business
El Al enhances risk management and hedging operations
Israel’s national airline tightens up on the way it hedges jet fuel risk and currency movements