Exchanges
Weather derivatives watershed?
New angles
Dominion buys 310MW plant from Dynegy and NRG
Dominion Virginia Power, the power utility subsidiary of Dominion, today completed the purchase of the 310-megawatt Commonwealth power plant in Chesapeake, Virginia. The move is consistent with its aim of reducing the cost of long-term power purchase…
QIS4 set to go international in 2005
BASEL, SWITZERLAND – Quantitative impact study four (QIS4) is about to go international, according to sources in Basel, the US and the EU. Although the Basel Committee on Banking Supervision won't take the co-ordinating role it did during previous QISs,…
The Carrots and Sticks of Compliance
Compliance on the buy side might reward the early adopters while penalizing firms that fall afoul of industry best practices and institutional investors' expectations.
EEX to launch spot carbon contract
German-based electronic exchange European Energy Exchange (EEX) is to launch a spot contract to trade EU carbon emissions allowances in January 2005.
Energy users demand trading oversight
The debate continues over whether speculative traders are distorting energy prices, following a letter sent by the Industrial Energy Consumers of America (IECA) to Congress last week. “Energy markets have changed drastically, and regulatory oversight,…
Insolvency: a survival guide
The collapse of Parmalat has forced European legislators to take a long, hard look at the laws governing insolvency. Moves are now afoot to bring these regimes more in line with a Chapter 11 style of bankruptcy legislation, as Oliver Holtaway discovers
Chicago Climate Exchange approved to trade futures
The Chicago Climate Futures Exchange (CCFE) obtained approval from the US Commodity Futures Trading Commission (CFTC) last week to trade emissions futures contracts.
Russell opens up to options exchanges
Russell Investment Group, a Washington-based provider of investment services and products, is to allow options exchanges to create products based on its family of index products.
BP pays $100,000 to settle wash trading charges
The energy round-trip trading scandal continued to rumble as BP America today paid $100,000 to the US Commodity Futures Trading Commission (CFTC) to settle charges of illegal wash trading. A wash, or round-trip, trade is one that produces neither a gain…
BP pays $100,000 to settle wash trading charges
The energy round-trip trading scandal continues to rumble on, as BP America today paid $100,000 to the US Commodity Futures Trading Commission (CFTC) to settle charges of illegal wash trading. A wash or round-trip trade is one that produces neither a…
The Carrots and Sticks of Compliance
Compliance on the buy side might reward the early adopters while penalizing firms that fall afoul of industry best practices and institutional investors' expectations.
Dynegy to buy Sithe Energies from Exelon
Dynegy is set to reduce the effect of some of its loss-making tolling and financial swap contracts, buy power plants in the northeast US and acquire a supply agreement to increase stable cashflow and service debt.
Editor’s letter
Editorial
Searching for freedom
Cover story
Sharia-compliant structured products
Sponsored statement: BNP Paribas
Learning to live with currency normality
Risk management
Basel II: the global challenge
Profile
A long look at the short end
Maturities
Setting the stage for Solvency II
Insurance
Taking cover
Oil
Clear intentions
Oil
Debt market welcomes Europe-wide forum
fixed-income forum