Energy Risk
Freight looks forward
Freight derivatives are increasingly seen as a key risk management tool. Banks and hedge funds are also trading them. But will the growth in liquidity continue, or is this another false start for the market? Stella Farrington reports
Stateside summit
Adding to the success of Energy Risk Europe in March, last month’s Energy Risk USA conference raised some lively debate. ERM, credit risk and the problems facing quant analysts were among the hot topics. Oliver Holtaway reports
North AmericanEnergy Forum
Leading energy market players discuss market trends, credit risk management and the future of the energy sector market, with a special focus on Canada
Editor
"The FFA market offers enough arbitrage opportunities to have a hedge-fund manager in clover"
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.
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.
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…
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.
Spectron brokers first 'clean' spark spread
Energy broker Spectron has facilitated the UK’s first carbon-neutral, or 'clean', spark spread trade.
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…
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.
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…
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.
Awards
Energy Risk Annual Awards