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EGL opens UK office

EGL (Elektrizitäts-Gesellschaft Laufenburg), an asset-backed Swiss energy trading firm that forms part of supply company Axpo Group, is to open a London office under the name EGL UK.

Ontario debates cap-and-trade scheme

Cap-and-trade legislation introduced this week by the Government of Ontario, Canada proposed a 6% cut in greenhouse gas (GHG) emissions from 1990 levels by 2014.

Most risk managers still expect bonuses

Despite a global recession, the crisis in the financial sector, and massive and widespread failures in risk management, a majority of UK risk managers still expect to receive a bonus this year, a survey has found.

OTC trade repository plan faces hurdles

Financial authorities in the US and Europe have advocated the introduction of a central trade repository to gather data on the over-the-counter (OTC) derivatives market, but there is concern that multiple repositories could do more harm than good.

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