Energy Risk/News
Emir reporting updates put energy firms on alert
New reporting regime marks start of increased scrutiny for big players
Nodal plans power, gas options
Contracts to launch in 2017, while sceptics question ability of a new exchange to compete with incumbents
February seen as crunch time for the EU ETS
Carbon price could soar by 2020, but traders bearish short-term as EU votes on final package
Energy firms seek Mifid II data solution amid deadline fears
Lack of reliable market share estimates for crucial Mifid II test spurs action from industry
Energy CROs: cyber risk can only grow
Major cyber attacks on energy trading and infrastructure considered inevitable
People: Morgan Stanley sees raft of commodities exits
A number of senior bankers across Morgan Stanley’s commodities and energy lending units in the US are leaving the bank
European energy clearing stalls amid conflicting rules
Energy trading volumes continue to rise in 2016
US year-ahead oil hedging up 9% on 2015: study
Hedging revenue set to plummet in 2017
UK-based energy firms consider fleeing Brexit
Trading units exploring relocation to avoid “years of uncertainty”, says AFM official
Mifid II impact on energy liquidity sparks fiery debate
Regulators and industry clash over interpretation of Mifid II market-making rules at industry event
EEX futures contract triggers margining spat
Rivals criticise use of lower margins in marketing push
FCA ‘working in background’ on Mifid commodity limits rules
Regulator builds out reporting platform to monitor position limit breaches
Hedge fund Citadel hires nat gas chief from Hartree
Other people moves at Mercuria, CME, Danske, CBA, Freepoint, Uniper and Statkraft
Energy risk teams explore use of KRI metrics
KRIs show particular promise for managing operational risk
Embattled utilities increase focus on ERM
ERM remains just a compliance function at many utilities, say consultants
Citi loses senior energy traders
Brookes moves to EDF Trading as head of European gas trading
Coal derivatives trading surges amid hedge fund influx
Increased activity by funds fuels take-off in listed and OTC volumes, traders say
Cargill sees growth in plastics hedging
Swaps unit of commodity trading giant describes increasing need for derivatives on resins prices
UK resists expansive view of Mifid II position limits
FCA suggests limits shouldn’t apply to OTC trades between non-EU entities
BNP Paribas shakes up commodities business
Soulami shifts to green-energy role after 10 years as commodity derivatives chief
Non-MTF products may let energy firms escape Mifid II
Critics slam 'loophole' as Germany's EEX launches new power and gas instruments
Brexit sparks worries about trade reporting
UK energy firms fear leaving EU may usher in new layer of reporting rules
Exchanges spar with CFTC over hedge exemptions
Latest tweaks to position limits rule draw ire of CME and Ice
CFTC proposal would unleash flood of lawsuits, firms say
Industry blasts proposal to allow private manipulation suits in US electricity markets