Swaps
How Onyx came from nowhere to conquer oil swaps
In just four years, market-maker has become the largest provider of liquidity in energy derivatives
Q&A: Giancarlo stresses importance of international relations
EU regulatory inexperience causes problems for CFTC chairman
Quintenz: former CFTC leadership failed commodities end-users
Commissioner says regulator “poorly defined populations and risk” under Obama administration
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
CFTC’s Massad woos energy firms with Dodd-Frank fixes
US Commodity Futures Trading Commission chairman Timothy Massad stresses the agency will smooth out flaws in the agency's Dodd-Frank Act rules, but sidesteps a question over whether they were rushed
Energy companies facing ‘intrusive’ CFTC special calls
The US Commodity Futures Trading Commission is stepping up its market surveillance activities, issuing special calls to numerous firms that trade over-the-counter swaps. That is causing headaches for smaller energy companies tangled up in the dragnet…
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
Applied risk management series: OTC commodity swaps valuation, hedging and trading
In this article, Carlos Blanco and Michael Pierce provide an overview of swap instruments and discuss the pricing, valuation, hedging and risk management of over-the-counter commodity swaps. They also comment on the expected ramifications of new…
Sommers blasts CFTC's approach to Dodd-Frank
Compliance timetable for new swap rules was too aggressive, says outgoing CFTC commissioner
Cutting edge: Hedging price and volumetric risks of fixed-price load-serving contracts in natural gas markets
In this article, Ning Zhang and Robert Cumbie propose a utility maximisation method for natural gas marketers to find optimal hedging strategies to deal with price and load uncertainty by using price and weather derivatives. Monte Carlo simulation…
CFTC clarification on physical gas deals welcomed
CFTC answers concerns over treatment of physical gas storage and transportation agreements under Dodd-Frank
US energy firms cheer CFTC decisions on ‘swap’ definition, end-user exception
The US energy industry scores a victory as the Commodity Futures Trading Commission finalises two key pieces of Dodd-Frank derivatives regulation, modifying its original proposals to ease the compliance burden on firms that operate in physical energy…
Energy Risk USA: CFTC to move quickly on swap definition – Berkovitz
The US Commodity Futures Trading Commission (CFTC) is very close to finalising its long-awaited definition of a swap, says CFTC general counsel Dan Berkovitz
CFTC Dodd-Frank rule-making to drag on until fourth quarter, says O’Malia
CFTC commissioner raises doubt over time line for Dodd-Frank Act – despite a proposed five-month delay
The long and winding road to Dodd-Frank
As the Dodd-Frank rule-making process drags on, US energy companies are wondering when they will finally have clarity about the law’s impact on their business. Alexander Osipovich examines some of the key issues being thrashed out in the months to come
US energy firms lagging in Dodd-Frank readiness: survey
Two-thirds of upstream US energy companies have done nothing to comply with new regulations imposed by the Dodd-Frank Act, according to a new survey
Energy Risk Deals of the Year 2012: Credit Suisse's Urals swap with JKX
Credit Suisse in $50m Urals Med swap with JKX Oil & Gas
Energy and Commodities OTC Clearing and Execution under Dodd-Frank Regulation roundtable
Challenges continuously arise regarding energy and commodities OTC clearing, and changes in regulations. This roundtable offers the knowledge, experience and opinions of our elite speakers on some of the key issues the industry currently faces including:
Energy experts debate merits of speculators and position limits
CFTC and Goldman Sachs executives discuss role of speculators in commodities markets during times of volatility
Biofuels swaps
Interest in biofuels swaps has grown rapidly over the last two years, but further regulatory clarity is needed if the market is to mature, say participants. Gillian Carr looks at the outlook for the global biofuels swaps market