Environment-Renewables

Icap shuts London weather desk

UK inter-dealer broker Icap has exited the European weather and environmental derivatives market, an Icap spokesman told RiskNews ' sister publication EPRM today. “The European markets for these products are not developing at a large enough rate to…

Ferc calls for risk manager vigilance

William Hederman, director of the office of market oversight and investigations (OMOI) at the US Federal Energy Regulatory Commission (Ferc), today urged energy risk managers to alert his office to any suspicious market practices.

Exceptional Rates of Failure

With industry exception rates so high that the word exception is hardly appropriate, some firms are taking drastic steps. Among them: demanding that partners meet minimum standards to continue getting business.

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