A clear answer to credit problems

US firm PA Consulting is working with a number of major US energy companies to set up a one-off trade netting scheme. Kevin Foster investigates the proposals

Many in the energy sector have tipped over-the-counter clearing as a potentialsolution to the industry’s credit problems. Until now, energy exchangeshave led the way in offering such services, but an initiative from global firmPA Consulting aims to give companies an off-exchange netting option.

Peter Stockman, a member of the financial services practice at PA Consultingin New York, says: “The good news for those concerned about counterpartycredit risk is that OTC clearing is taking off.”

He

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here