Although slower to develop than oil markets, deregulation in European natural gas markets has led to a demand for more sophisticated solutions to price risk management. But combining financial sophistication and knowledge of phyical energy markets is still a tall order.
One company to achieve exactly that is Gaselys, created in 2001 as a 51/49% partnership between Gaz de France and Societe Generale.
The first, and still the only company, to marry an energy company and a bank, there was no
- Brexit novations ‘on hold’ to gain reg relief
- People moves: Bank of America names new Apac chiefs, Wilkinson leaves LGIM, Lloyds loses Coutte, and more
- Mifid data publishers drag feet on Esma guidelines
- Sefs, Libor fallbacks and risk governance in Asia
- Banks hope final FRTB rules will ease NMRF burden