Book contributions by Risk Staff
Portfolio Construction and Management
Edited by Brice Benaben and Julien Jarmoszko
Articles by Risk Staff
Exchanges eye weather
Weather Risk
Getting a grip on the market
Weather Risk
Aquila’s troubles could break emerging markets risk
Weather Risk
A change in atmosphere
Weather Risk
Canada opens new pastures
Weather Risk
European info squall to clear
Weather Risk
How Japan got it covered
The fast-growing Japanese weather derivatives market is unique in both its product diversity and the range of small business end-users it serves. But where are the big players? Rob Dwyer reports
Exploring option pricing with mean-reversion jump diffusion
Yijun Du explores option pricing with a mean-reversion and jump-diffusion – or MJ – model, using Monte Carlo simulation. We find that jumps can increase the call price, a higher mean-reversion rate lowers the call price and the time to maturity has…
Comeback in the old USSR
Russia is on the verge of becoming the world’s leading energy superpower, but a lack of investment looks set to hamper its development. Joel Hanley reports
In the mind of a trader
Use of psychological techniques and behavioural studies is an essential part of designing aircraft cockpits. The same principles are now being applied to energy trading screens, as James Ockenden discovers
Trouble at the paper mill
Maria Kielmas asks how energy users in Scandinavia are coping with medium-term price uncertainties and the threat of increased environmental legislation
A tight ship in rough waters
Power prices in the UK have fallen dramatically in recent months. What can the UK’s biggest power producer do to prevent more losses in this difficult market? Joel Hanley profiles British Energy
Cleaning up in California
As oil majors embrace the use of ethanol in Californian gasoline, analysts are warning that it will cause a rise in prices at the pump, as Kevin Foster discovers
A new cop on the beat?
The Federal Energy Regulatory Commission has been severely criticised for its actions – or lack of them – during California’s disastrous attempt at deregulation. It is now hitting back at the energy industry. Kevin Foster reports
Trading places
Whatever criticisms Enron’s competitors may level at the fallen giant, few have been shy about snapping up the talent left behind by the company’s demise. James Ockenden looks at the recruitment market in Enron’s wake
Energy trading primer
Chris Bowden says large industrial and commercial buyers could learn from energy traders’ experiences in dealing with volatile energy markets