Over-the-counter (OTC) derivatives
Mining companies vulnerable on lack of hedging programmes
A substantial number of mining companies refuse to have a hedging programme, leaving them vulnerable to a possible sharp drop in prices
HSBC enters energy derivatives market
HSBC and Total Oil Trading expect to offer their first products in a few months' time
Derivatives reform to hit energy giants
Several major energy and commodities companies such as Royal Dutch Shell and BP are to face a substantial rise in derivatives trading costs, following the adoption of the Dodd-Frank Wall Street Reform Act.
Legal experts identify end-user issues under new US act
As US regulators embark on redefining over-the-counter derivatives trading, energy end-users need to be aware of how they will be categorised and the potential impact on trading costs.
31% of oil and gas firms lack ETRM solutions
Nearly one third of all oil and gas companies are more susceptible to systemic risk, as a report reveals 31% of these firms lack an energy trading and risk management (ETRM) solution for their operations
Passage of Dodd-Frank Act heralds start of rule-making process
Financial reform legislation passes in the US Senate, as focus turns to the complex issue of implementation
Cesr pushes electronic confirms for OTC market
European securities regulator suggests electronic confirmation could be mandatory
Shell Gas chief: end-users will face credit issues - Exclusive
Shell Gas Direct’s chief tells Energy Risk that major end-users’ credit worthiness will be one of four major challenges for industrial and commercial users in the next few years
CFTC to rework position limits rule
CFTC Chairman confirms regulator will propose new rule on position limits as part of its expanded remit under financial legislation that could be enacted imminently by US President Obama
NY Fed pushes for a more open OTC derivatives market: Theo Lubke profile
The head of the financial infrastructure group at the New York Fed tells Mark Pengelly why transparency is key to the functioning of the derivatives market.
US regulatory overhaul reaches final stages
Final version of Dodd-Frank financial reform bill tones down most draconian elements.
Italy’s new structured products landscape
The collapse of Lehman Brothers, a bank that had produced massive amounts of index-linked products for the Italian insurance sector, left retail investors weary of structured investments and led to a big regulatory shake-up. What role can structured…
CantorCO2e’s UK carbon desk closure signals consolidation trend
As exchanges see a rise in carbon trade volumes, consolidation among brokers is expected.
Contract standardisation could create risk say experts
Instead of making things easier and reducing risk, standardisation of energy and commodities' contracts could increase risk
Overview of US regulatory reforms
US legislators are shoring up a range of sweeping financial regulations to tighten derivatives trading. Pauline McCallion provides an overview to the regulatory changes in the pipeline
Energy firms face capital adequacy squeeze
Impending regulation changes will have a profound impact on the operational side of the energy markets as energy companies face capital adequacy issues. Lianna Brinded investigates how companies will cope and what repercussions the changes will have on…
Shake-up ahead for financial technology
With a raft of financial market reforms set to alter the landscape of energy and commodities trading by the end of the year, Lianna Brinded takes a look at how financial technology needs to develop in order to keep up with regulatory changes
Uncertainty over CFTC position limits
A new position limits regime for energy trading in the US could have a significant impact on the sector. Pauline McCallion examines the proposals and finds out about the potential implications for energy players
Hedgers’ dilemma over exchange rules
Pauline McCallion speaks to industry experts to find out what new derivatives regulations could mean for the end-users of energy hedging products
Dodd-Frank margin intent delivers end-users a blow, despite reprieve
Senator's letter fails to assuage end-user concerns over non-cleared swaps
Cesr studies MTFs in July amid Mifid revamp
MTFs and dark pools policy positions to be announced, Cesr urges industry participation in consultation
US regulatory reform reaches tipping point
It's not quite over yet, but the text of the Dodd-Frank bill has been agreed and derivatives users have cause for both celebration and concern.
Are the CFTC, SEC and Fed equipped for their new powers?
Despite a last-minute hitch, the final text of ambitious financial regulatory reform legislation was agreed last month, which would hand supervisors sweeping new powers over financial institutions. But are regulators equipped for their new…
Profile - Federal Reserve Bank of New York's Theo Lubke
The Federal Reserve Bank of New York has been shepherding global efforts to improve the over-the-counter derivatives market since 2005 and continues to push dealers to improve in areas such as transparency and central clearing. Theo Lubke, senior vice…