Exchanges

Steve McMillan

Steve McMillan, a pioneer and veteran of the derivatives business and the new chief executive of Imex, tells Roderick Bruce about the personal and career challenges presented by his new role

The net widens

Grid computing is ubiquitous in investment banking, yet until now the energy trading and risk management space has been slow on the uptake. This looks set to change, reports David Watkins

Operating optimally

The increase in energy trading in recent years has brought significant ­opportunities but also a rise in operational risk, leaving systems struggling to keep up. Barney Brown at Detica identifies some areas of operational risk deriving from both internal…

Full steam ahead for FFAs

The freight derivatives market has attracted an influx of new players recently thanks to the spread of clearing. With more banks and hedge funds poised to enter, Roderick Bruce looks at what opportunities the market offers and how it needs to develop next

Renewed interest

Green certificate trading is growing in Europe, as renewable power generators seek to exploit consumer demand for green energy. But market design could be improved, as Oliver Holtaway reports

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