Energy
Exchanges see green in emissions trading
Battle lines are being drawn in the emissions space as Nymex aims to grab a slice of the booming global market, writes David Watkins
Getting off lightly
Securitisation
Marking to mayhem
Structured Credit
Heating up
Structured Products
EcoSecurities and Credit Suisse complete structured CER sale
EcoSecurities and Credit Suisse have completed a structured sale of over 5 million Certified Emission Reductions (CERs).
OMX and Nord Pool to create Nord Pool International
Swedish exchange technology company OMX has acquired Norwegian derivatives exchange Nord Pool’s international derivatives products, along with its clearing and consulting operations.The two companies aim to create an international energy and carbon…
Merrill Lynch launches carbon certificate
Investment bank Merrill Lynch today launched an index-based investment certificate that offers protected exposure to the stocks of carbon efficient European companies.
Meteor launches new protected commodities plan
UK-based distributor Meteor has launched a new protected commodities plan with two participation rates according to the level of capital risk. The Galaxy Protected Investment Plan 4 is linked to a basket of eight equally weighted hard and soft…
Renewables set to lose out as Energy Bill stalls in Senate
US Republicans have forced Democrat supporters of the Energy bill to drop a controversial tax provision that would have cut tax breaks to major oil companies in an effort to boost spending on renewables.
Nymex Launches Green Exchange
Nymex Holdings, the parent company of the New York Mercantile Exchange (Nymex), is to form a new exchange trading environmental futures, options and swaps contracts.
Barclays launches global carbon index
Barclays Capital, the investment banking arm of Barclays Bank, has launched the Barclays Capital Global Carbon Index (BGCI) which tracks the performance of the carbon credits associated with major global greenhouse gas emissions trading schemes.
The tide is high
Soaring dry freight prices due to the booming trade in global commoditieshave encouraged a wealth of new participants into the freight market. Buthow long can the party last? Oliver Holtaway investigates
NYSE Euronext to acquire Powernext Carbon
NYSE Euronext has reached an agreement with French energy exchange Powernext to acquire Powernext Carbon, the company's emission permit division, as part of its plan to set up an international carbon market.
US Senate halts progress of energy bill
A package of energy measures passed by the House of Representatives Thursday stalled in the Senate Friday because of opposition to two key provisions.
BarCap launches global carbon index
Barclays Capital has unveiled an index intended to be a benchmark for the rapidly growing carbon-trading markets.
LCHClearnet expands emission clearing services
Clearing house LCHClearnet will expand its OTC clearing services for EU emissions trading scheme carbon credits (EUAs) and introduce clearing for Certified Emission Reduction (CER) contracts from the beginning of 2008.
Barcap launches global carbon index
Barclays Capital has launched a global carbon index, which tracks the performance of carbon credits in major emissions trading schemes.
Open outcry fading away as Nymex fends off rivals
New York Mercantile Exchange (Nymex) chairman Richard Schaeffer said today that 80% of the exchange’s business is now done electronically, as the open outcry trading floor becomes “less and less meaningful”. He also outlined ambitious plans for 2008, and…
Commodity investor sophistication increasing, says Barclays Capital
A survey of 150 Barclays Capital clients has found that half expect to have more than a 10% exposure to commodities in their portfolios, a threefold increase from a similar poll carried out in 2005.
Business is booming Down Under
country focus: AUstralia
Getting off lightly
Securitisation