Over-the-counter energy trading volumes bounced back during the past year to levels last witnessed before the 2002 collapse of Enron – an event that sparked the exit of a number of merchant traders from the business. Volumes were up, funds moved in,and investors wanted to diversify their portfolios using oil or energy index products. Corporates, meanwhile, realised they needed to manage the risk of a barrel of oil potentially nearly doubling in price overnight.
All this has resulted in
- People moves: SocGen adds in prime services, Deutsche fills new rates hole, HSBC makes model move, and more
- Quant Finance Master’s Guide 2019
- Princeton tops inaugural Risk.net quant master’s ranking
- Credit risk quants are hitting the tech gap
- Does credit risk need an expected shortfall-style revamp?