Operational risk
Building demand
One year after the collapse of Lehmans, fundamentals for the energy and metals markets continue to evolve, with emerging market demand, especially from China, set to have an increasing impact. Pauline McCallion discusses the outlook with experts
Trading positions
Energy Risk catches up with the latest appointments, promotions and departures in global commodities markets
Exchanges disagree over position limits plan
The CME Group has pre-empted long-awaited action from the Commodity Futures Trading Commission (CFTC) to implement position limits for energy trading, publishing its own suggestions for a regime.
US commodity ETFs blow hot and cold
Increasing attention has turned to commodity exchange traded funds (ETF) in the US this month as part of the wider investigation by the CFTC into the need for tighter oversight of energy futures markets. Rachel Morison investigates
CFTC boosts transparency with new report
The expansion of the CFTC’s Commitments of Traders report has garnered industry support in its attempt to enhance market transparency. Pauline McCallion reports
Corporate profile: Gazprom Marketing & Trading: energetic expansion
2009 marks 10 years since Gazprom Marketing & Trading was founded in the UK. Following another year of record financial results in 2008, the company’s executive team discusses Gazprom’s expansion into a leading global cross-commodity marketing and…
Market report: A New Era of Accountability and Flexibility Shapes ETRM Requirements
Amphora discusses how ETRM systems reduce the compliance burden and meet the needs of increased regulatory scrutiny and, ultimately, help traders make more informed decisions
Sponsored Q&A: The evolution of ETRM software
Energy Risk convened representatives from Amphora, Murex, OpenLink, RiskAdvisory and SunGard Kiodex to discuss the the development of ETRM software, the challenges being faced and solutions that are being implemented and deployed by these leaders in the…
SGS UK suspension prompts CantorCO2e auction
The United Nations’ recent suspension of the world’s largest carbon project verifier has prompted an auction of carbon credits by UK carbon trading firm CantorCO2e.
RWE Supply & Trading introduces continental gas financial swap contract
RWE Supply & Trading (RWEST), the trading arm of German power company RWE, has developed a financially settled gas swap contract targeted at non-physical players in the gas markets.
US House Ags Committee reviews Treasury derivatives plan
Members of the US House Agriculture Committee voiced concerns today that government proposals for regulating over-the-counter derivatives would negatively affect end users.
CME calls for limits across markets
Chicago-based CME Group has published details of a proposed hard-limits regime, calling on all exchanges to adopt the same measures.
Willis creates product to cut hurricane hedging costs
NRG Energy, a US-based utility, has closed an innovative index-based hedge with global insurance broker Willis designed to cut the cost of hedging against hurricane risk.
E.ON signs up to Iberian exchange
E.ON Energy Trading has become a member of OMIP, the derivatives exchange for the Iberian energy market.
Carbon traders concerned over SGS UK suspension
Carbon traders have expressed concern over the suspension of SGS UK, the largest carbon project verifier in the world, by the United Nations.
Commodity exchange trading rises 5.4%
Trading of commodity derivatives has risen 5.4% in the second quarter of this year, according to the Swizterland-based Bank for International Settlements.
Masterclass: Valuing generation assets using Monte Carlo simulation
In this Masterclass, Les Clewlow, James Lujun Liu, Doug Meador, Ron Sobey and Chris Strickland describe the use of Monte Carlo methods for valuing generation assets in more detail. In particular, they discuss the appropriate price models to use and how…