Energy Risk

Risk management

Editor

"The FFA market offers enough arbitrage opportunities to have a hedge-fund manager in clover"

06 Jun 2005

Infrastructure

Powernext to launch spot carbon contract in late June

French electricity exchange Powernext will launch its delayed CO 2 emissions spot market on June 24, barring any technical or administrative difficulties among market members.

06 Jun 2005

Risk management

UK business paying £1bn/year too much for energy

UK businesses are failing to manage energy buying efficiently and as a result are exposed to volatile prices, losing up to £1 billion ($1.81 billion) a year, a new survey has found.

03 Jun 2005

Commodities

UBS expands energy group and starts trading oil in Canada

UBS Commodities Canada moved into larger Calgary offices in May to accommodate its expanding energy-trading team, including a shift into crude oil. The firm, part of investment bank UBS, has hired its first crude oil trader, its first options trader and…

03 Jun 2005

Energy

DrKW launches retail carbon product

Dresdner Kleinwort Wasserstein has paved the way for private investors to gain exposure to the carbon emissions market with a new securitised product.

02 Jun 2005

Energy

Spectron brokers first 'clean' spark spread

Energy broker Spectron has facilitated the UK’s first carbon-neutral, or 'clean', spark spread trade.

02 Jun 2005

Exchanges

CME to launch more weather contracts

The Chicago Mercantile Exchange (CME) is set to list weather derivatives contracts for more cities in the US and Europe and to introduce two new types of weather contracts - probably by early July. Demand for CME weather contracts is fast increasing: as…

24 May 2005

Energy

ABN Amro expands commodity-trading team, opens Singapore office

Dutch bank ABN Amro has made several commodity trading and marketing hires in London and New York, and opened an office in Singapore.

23 May 2005

Infrastructure

GlobalView technology to support ConfirmHub

US-based GlobalView Software has been chosen as the exclusive technology provider to ConfirmHub, a joint venture by brokers Icap, Amerex Energy and Prebon Energy. ConfirmHub is a post-execution, straight-through processing (STP) trade-confirmation…

19 May 2005

Energy

Barclays Capital in first Leba carbon index trade

Barclays Capital has completed the first financial carbon trade using the new Leba Carbon Index for "a significant volume" of EU emissions allowances.