Energy
OTC weather trades fall; exchange trades rise
The weather derivatives market is shifting from an over-the-counter (OTC) market to an exchange traded one, according to the 2004 Weather Risk Management Association (WRMA) survey.
Danish state-owned energy company signs up to Allegro
The Danish State-owned energy company, Dansk Olie og Naturgas (Dong), has signed up to use Allegro Development’s trading and risk management software for its natural gas operations.
Nymex fires opening shots for ICE
Nymex has made a $150 million cash bid for the Atlanta based Intercontinental Exchange (ICE), and would also pay $67 million for shareholders of the International Petroleum Exchange (IPE), according to a senior Nymex official. The bid, which includes…
Ken Gustafson
Natural Gas
Amerada Hess forms LNG division
US energy company Amerada Hess has formed a joint venture with an affiliate of New York-based Poten & Partners, to be known as Hess LNG. The joint venture will be based at Amerada's New York headquarters and will pursue investments in liquefied natural…
Long wait to market
Natural Gas
Nymex president to quit
Bo Collins, president of The New York Mercantile Exchange (Nymex), will leave the exchange at the end of this month. Nymex said the decision not to renew his contract was by made by "mutual agreement."
Baltic Exchange forms asset derivatives advisory group
The London-based Baltic Exchange has formed an independent advisory group to enhance the emerging market for ship vessel asset derivatives. The group consists of key users, derivative brokers and physical panellists and will act as an information…
BoA’s head of energy trading lands at hedge fund
Julian Barrowcliffe, formerly global head of energy trading for Bank of America in New York, has joined Vega Asset Management – a New York-based hedge fund with $11 billion under management. In his new role Barrowcliffe will manage a commodities trading…
Brent's run ain't spent say experts as macro enjoys a barrel of laughs
global macro / ctas
Energy spins returns for Martin Currie's global fund
Martin Currie is one of the UK's success stories in the hedge fund industry, having tipped the $1bn mark in its hedge funds, many of which are now closed to new investment despite continuing demand
Risk analytics for the buy side
Measuring risk
Rate hike ahead
US interest rates
Industry welcomes CEBS paper on Pillar 2
Regulatory update
Wine bar hedges weather
UK-based Corney and Barrow Wine Bars has entered into a group wide weather derivative hedge with XL Trading Partners, the Connecticut-based weather risk management company.
Squeezing more juice
Multi-sector CDOs
A close circle of banks
End-user survey 2004
A competitive advantage
Basel II compliance
Avoiding the crush
Synthetic CDOs
Mortgage agencies showdown
Regulation
Italian companies focus on derivatives
New Angles
Made in America
Natural Gas
Customerservice
Natural Gas