EDF’s head of credit risk: misconceptions of assessing credit

EDF Trading North America’s head of credit risk talks to Lianna Brinded exclusively about the misconceptions of assessing credit risk in the energy and commodities market

"A couple spring to mind," says Michael Carter, director of credit risk at EDF Trading North America when speaking to Lianna Brinded at the Energy Risk Europe conference in London. "The first is that it does not necessarily remove your risk because when you typically enter a trading relationship with someone and negotiate a contract; your effort to protect yourself on the credit risk exposure could potentially mean you wind up exposing yourself to liquidity risk."

For the full interview, please