Energy Risk - Feb 2016
Articles in this issue
Shell may shift trading to US or Singapore over Mifid II
Oil major exploring “all possible options” for compliance, official says
Stricter EU collateral rules threaten Nordic power market
Esma move on bank guarantees “risks damaging” liquidity, traders say
Ending Emir hedge exemption conflicts with Mifid II, firms say
EU energy companies warn of inconsistency between two regulatory regimes
Commodity traders cheer CFTC record-keeping fix
Regulator softens Dodd-Frank rule that energy and grain traders saw as burdensome
Position limits are an idea whose time has passed – Giancarlo
Low commodity prices dent rationale for US and EU anti-speculation rules, CFTC commissioner says
Building and protecting the IT architecture of the future
Risk management: energy trading systems
Staying agile and fit for purpose in commodity financial systems
Sponsored feature: Murex
CFTC de minimis report worries US energy firms
Use of "alternate indicators" for dealing activity raises alarm bells in industry
Energy firms urge EC to ease Emir clearing rules
Review highlights concerns over impact of clearing on nonfinancials
Few commodity traders saw improved liquidity in 2015 – poll
Three-quarters say OTC liquidity held steady or fell last year, while 25% saw gains
Enron’s California schemes haunt regulators 15 years later
Failures of first liberalised US power market still shape Ferc anti-manipulation agenda
Why traders ignore risks and go full speed ahead
Incentives often drive excessive risk-taking, while caution is punished
Ex-Goldman oil trading head seeks to serve 'the little guy'
HudsonField’s Freeman sees opportunities for non-banks in energy lending
How ‘Death Star’ and AIG sparked a new era in regulation
Ferc and the CFTC have overlearned the lessons of past crises
Goldman names new head of US power trading
Other commodities moves at BTG Pactual, EDF Trading, Javelin and Munich Re
ETRM systems emerge as the cockpit for business
Risk management: energy trading systems
Energy Risk Commodity Rankings 2016: Rise of the non-banks
Non-banks shine in rankings of the top dealers and brokers in global commodity markets
Risk management: Energy trading systems
Introduction
Quant Ideas: market-making, risk and information in commodities
High volatility and noisy data sets have profound implications on risk management in commodity markets
