Regulation and credit are two of the biggest challenges facing energy trading companies in 2012, says James Davies at Trayport.
The regulatory push
Cutting out the middleware?
Collateral, capital and chaos
Voice in the wilderness?
Omnibus structure meant clearing clients of MF Global outside the US were asked to double up on collateral payments. Use of the structure for OTC markets is now in doubt
Clearing a way for forex
All systems go
Just over 60% of respondents plan to up their technology spend next year, with market risk systems the main beneficiary
Bob Pickel reappointed Isda chief executive, replacing Connie Voldstad, who will stay on as special adviser to the board
EC committed to providing clarity on supply and trade transparency rules, says DG Energy policy expert
Clarifications on two sets of data transparency rules for European energy markets are in the works, according to European Commission policy expert
A new alphabet soup of financial services and energy market regulations are making firms nervous about their ability to comply, said panellists at Energy Risk's Central and Eastern Europe conference
The vast majority of respondents to a Risk.net poll do not believe G-20 members will meet the end-2012 deadline for all standardised OTC derivatives to be cleared through CCPs
CLS Bank-style regulatory council could be applied to trade repositories and CCPs to avert market fragmentation, but French regulators are not convinced
Clearing the way for IT
Chair of European Parliament's Econ committee believes CRD IV should mirror Emir corporate exemptions, but has not yet decided whether sovereign counterparties should enjoy the same benefit
CFTC chairman says European regulators should expand scope of Emir to include all derivatives, rather than OTC only
Many energy trading firms have yet to begin getting the technological infrastructure in place to comply with new EU and US financial market regulations, say panellists