Producers' turn to derivatives may be a last throw of the dice
Coal producers shorting volatility to collect premium, say traders
Other commodities moves at EDF Trading, Glencore, Goldman Sachs and DME
Veteran appointed as head of origination and principal investments
Commodity trading houses "not too big to fail", research argues
Veteran oil trader reflects on industry transformed in 30-year career
Commodity traders and physical producers move into coal derivatives as major banks retreat
The rapid growth of commodity trading houses has led critics to question whether these firms have become a source of systemic risk. But trading houses strongly reject such arguments, and suggest they are little more than paper tigers. Alexander Osipovich…
Glencore Xstrata poaches Morgan Stanley LNG team; CME Group adds former bank commodity head; Tullett Prebon hires Icap weather broker; LME chief executive resigns; SEB replaces commodity chief
On the move
Adam Knight, global head of commodities has left Credit Suisse, confirms source
Credit Suisse has announced the appointment of Alex Toone as managing director and head of global metal sales for its alliance with Switzerland-based commodities trading group Glencore International.
Credit Suisse and Glencore International have today announced the formation of a derivatives and structured products trading business in base and precious metals.
Long praised as pioneers in the energy derivatives space, US energy firms are now looking to make their overall risk management practices more robust. And, as Paul Lyon discovers, these companies have several innovations up their sleeves, such as…