Energy
Energy traders lag on post-trade processing, survey finds
Baringa Partners survey suggests firms may struggle to cope with European financial regulation
The importance of trading to smart energy business models
Expertise in energy trading is vital to the success of smart energy business models, which rely on integrating decentralised generation assets with the wholesale energy market. That presents an opportunity for firms with the right skills, argue Jim…
Energy end-users may miss Dodd-Frank reporting deadline
Energy derivatives end-users face uphill struggle to comply with reporting rules when no-action relief expires
Trade repositories eye Remit opportunity
Entities backing trade repositories for OTC derivatives show interest in registering as RRMs
Power market design leads traders to take advantage
The design of modern power pools is highly complex, creating plenty of opportunities for clever traders to profit by circumventing the rules, writes Vincent Kaminski
European regulators get to grips with Remit monitoring
By mid-2014, the Regulation on Wholesale Energy Market Integrity and Transparency is expected to see European energy market participants reporting masses of information about their trading activity to regulators. How do regulators intend to use this data…
Head oil trader leaves Barclays
Shake-up at Barclays continues as George Cultraro, global head of crude oil and refined products, leaves the bank
Senior JP Morgan energy trader departs
London-based head of European gas and power trading said to leave for BTG Pactual
Ferc targets power market gaming with JP Morgan fine
Record $410 million settlement demonstrates zero-tolerance approach towards exploitation of market design flaws
Physical flows will foster changes to energy benchmarks
Growth in WCS derivatives volumes highlights continuous evolution of the energy derivatives market
Noble Group swipes E.on and JP Morgan heads
Morgan Stanley commodity marketing head leaves; APX names new chief executive; Citi expands European power and gas sales; Clean Energy hires senior energy trader; Barclays names head of US power and gas trading
European power and gas liquidity hit by Mifid II fears
European energy traders say worries about the impact of Mifid II are chilling activity in longer-dated power and gas
Firms seen upping surveillance and self-reporting after Ferc fines
Ferc penalties against Barclays and other banks expected to bolster compliance with market manipulation rules
Liquidity improves in Canadian heavy oil derivatives
Trading in derivatives linked to Western Canadian Select (WCS) heavy crude oil has jumped in the past few years, giving the country's producers improved opportunities to hedge. But the lack of a unified WCS price index has made it difficult for liquidity…
Uncertainty rules in Australian electricity derivatives market
Australia's electricity derivatives market had been picking up since the global financial crisis, but volumes have declined in recent years. Firms blame the slowdown on a combination of slim trading opportunities and uncertainty over plans to curb…
Ercot's Doggett on keeping the lights on in Texas
Despite worries about a shortfall in generation capacity, Trip Doggett, president and chief executive of Ercot, is proud that Texas has the liveliest deregulated power market in the US. He speaks to Alexander Osipovich
BP registers as swap dealer
BP registers its US-based energy trading subsidiary as a swap dealer, becoming the first oil and gas major to opt for dealer status under Dodd-Frank
Power proves a tough choice for Australian regulators
Supervisors must decide whether to include electricity in derivatives reform despite high prices and industry opposition
US power hedging suffers from low prices
Low power prices have dented the need for electricity producers and consumers to hedge with derivatives, while regulatory reform is also making life difficult for market-makers. But market participants are optimistic the trend could be reversed. Pauline…
US power traders expect rebound in hedging activity
Power hedging activity could increase with rising prices and greater regional variation across the US
PRAs under attack amid market manipulation investigations
Price reporting agencies (PRAs) are facing intense scrutiny from regulators, amid renewed allegations that their widely used price indexes are being manipulated by unscrupulous energy traders. Will the PRAs be forced to change their ways? Alexander…
Turning points: Nico Van Wayenbergh, GDF Suez Trading
GDF Suez Trading is already used to coping with financial rules that are soon to be extended to many more European energy traders. Its chief risk officer, Nico Van Wayenbergh, speaks to Gillian Carr
Applied risk management series: Optimising commodity hedging programmes
The design and optimisation of a successful commodity hedging programme requires solid backtesting that meets the needs of different business functions. Using a recent case study, Carlos Blanco and Tamir Druz show how various tests can complement and…
Experts at the heart of global energy markets
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