Book contributions by Risk Staff
Portfolio Construction and Management
Edited by Brice Benaben and Julien Jarmoszko
Articles by Risk Staff
Regulators talk tough in Basel’s CP3
COVER STORY
Tokyo Stock Exchange plans disaster recovery site in three years
TECHNOLOGY BRIEFS
US agencies issue final BC guidelines
BUSINESS CONTINUITY
Controversial changes to Pillar I
COVER STORY
SEC Commissioner plans aggressive Sarbanes-Oxley enforcement
REGULATORY UPDATE
Japanese banks need to improve op risk management, says BOJ
REGULATORY UPDATE
Twist focuses on commercial payments
TECHNOLOGY NEWS
Operational risk quantification: a discipline at a crossroads
OP RISK EUROPEAN PRACTITIONER ROUNDTABLE
Reedie calls it a day
People News
The case for financially settled contracts
Banks and hedge funds have shied away from trading electricity due to fear and ignorance of the physical nature of the market. But, as Todd Bessemer of Accenture points out, financially settled contracts can avoid the complexity of physical delivery and…
Applying modern portfolio theory to optimal gas purchasing
Yijun Du and Xiaorui Hu present a general framework for applying modern portfolio theory to optimal natural gas procurements. They show that successful natural gas procurement involves determining the optimal allocation between fixed-price and floating…
A Spanish power struggle
A takeover bid by gas distributor Gas Natural for power utility Iberdrola may provide the impetus for much-needed competition in the Spanish energy market. But the bid has upset many traditional links in politics, finance and business. By Maria Kielmas
The LMP supermodel
With Ferc’s standard market design (SMD) seeking a shift from zonal power pricing to nodal pricing, the concept of locational marginal pricing (LMP) has become a key policy issue. Henwood Energy’s Vikram Janardhan proposes 10 key modelling features to…
Carbon across Europe
Pan-European emissions trading is a step closer after agreement of an EU directive. Atle Christiansen and Kristian Tangen of Point Carbon look at the consequences
Tough talk on derivatives
The Commodity Futures Trading Commission and Ferc are getting tough in throwing fines around. Is this a ploy to avoid being lumbered with further over-the-counter regulatory responsibilities? Some market participants certainly think so. By Paul Lyon
Wanted: cash for new lines
Can Ferc’s standard market design encourage much-needed investment in the US power grid and develop a merchant model for transmission assets? By Kevin Foster
