Commodities
Growing pains
Wheat
Upended by downgrades
Collateralised commodity obligations
Heating up
Structured products
Amaranth report to ring changes
Release of report into collapse of energy hedge fund Amaranth Advisors looks set to change the way OTC markets operate in the US
Follow-up:
CEBS releases questionnaire on commodities business and commodity firms
EC calls for advice on the review of commodities business under the CRD
The European Commission (EC) has asked the Committee of European Banking Supervisors (CEBS) for advice on commodities firms under both the Capital Requirements Directive (CRD) and the Markets in Financial Instruments Directive (Mifid). CEBS is going to…
Noble suspends two traders
Noble Group, a Singapore-listed global supply chain manager of agricultural, industrial and energy products, has suspended two traders in the company's aluminum business.
Fuelling change
Airlines
Challenging the giants
Energy and commodity rankings 2006
The soft parade
Exchanges
Price rise = price risk
Mergers and acquisitions
Commodities and energy
Introduction
Sowing the seeds
Agricultural derivatives
Five new Dow Jones-AIG indexes launched
Dow Jones Indexes and AIG Financial Products have released five new indexes and sub-indexes covering futures on commodities including agricultural products and energy.
Risk at the margin
Rankings 2004
Farms weather power shortages
Farmers in both hemispheres are struggling to cope with heat waves and droughts while pondering the prospect of future power supply disruptions, finds Maria Kielmas
Opportunity knocks for smelters
Aluminium manufacturers have long used sophisticated hedging and risk management techniques to protect against fluctuating metal prices, yet they have only recently looked at transferring these skills to power risk management. David Wilson reports
Small coffee producers in Nicaragua access risk markets
The first international price insurance transaction for small coffee producers in Latin America was implemented last week in Nicaragua, with support from the World Bank’s Commodity Risk Management Group (CRMG), a unit of the International Task Force on…
Banks and commodities: against the tide
Introduction
Mean-reverting smiles
Commodity markets such as crude oil exhibit mean reversion as well as option smiles. The authors construct a model suitable for pricing exotic options in these markets
Plugging into electricity
Commodities