Technology/Regulation

Broaden valuation options

In the same way credit risk managers used to question how a loan would be repaid if the primary means of payment were to fail, so banks ought to ask if there is another way to value structured credit investments if market liquidity were to dry up, argues…

Building for the future

As US electric utility companies strive to meet soaring power demand, they are also coming under increasing pressure to lower carbon emissions. Richard McMahon of the Edison Electric Institute looks at how firms plan to meet these two potentially…

Traders get a taste for pick and mix

Relying exclusively on third-party applications for trading, pricing and risk management of mortgage-backed and other asset-backed securities does not make sense for all buy-side firms. Alternative investment manager Highland Financial Holdings Group has…

Essent Trading - Scaling barriers

In a frank appraisal of the state of energy trading in Europe, Essent Trading CEO Paymon Aliabadi tells Roderick Bruce about Essent's attempts to overcome the issues that still confront traders, and his vision for an integrated European market

Germany's new dawn

For years a liquid, transparent and competitive gas market has failed to appear in Germany. Now there are signs of progress as dominant incumbents, pushed by domestic and international pressure, move slowly towards a market model, writes Roderick Bruce