Commodities
Launched in 1994, Energy Risk is an online publication and in-person events company dedicated to the energy risk management and risk transfer business.
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In the shadows
Counterparty Credit Risk
Unthinkably favourable
Imagination in stress testing demands unorthodox thinking, as even seemingly favourable events can have negative consequences. In the case of the oil markets, this means stress testing for a fall, as well as a rise, in oil prices, argues David Rowe
SSY brokers groundbreaking FFA option deal
SSY Futures has recently brokered a forward freight agreement (FFA) option transaction covering Panamax earnings out to the end of 2012. The deal, fixed between two leading FFA users, has confirmed industry claims that there is appetite for longer-dated…
Dubai to use DME for crude oil pricing
The Dubai Mercantile Exchange (DME), a joint venture between Tatweer, Nymex and the Oman Investment Fund, announced today that the government of Dubai will cease pricing its export crude oil sales off its current mechanism and instead utilise DME futures…
Maybank launches structured deposits linked to palm oil in Singapore
Maybank in Singapore has launched the Regal Structured Deposit, and it claims the product is the first structured deposit linked directly to palm oil prices traded on Bursa Malaysia.
JP Morgan establishes alternative energy group
Investment bank JP Morgan has established an alternative energy investment banking group, bolstering its efforts to capitalize on the current growth of environmentally friendly technologies.
EIB expands fundraising with two new bonds
The European Investment Bank (EIB), the multi-government-owned financing arm of the European Union, has launched two new bonds, a multinational environmental bond and its first rouble-denominated issue.
Nymex offers electronic options trading on oil, natural gas, gold and silver
The New York Mercantile Exchange (Nymex) will offer options trading for crude oil, natural gas, gold, and silver on the CME Globex electronic trading platform from June 24 for a trade date of June 25
Uncertainty mounts as Optionable falls
Aa bleak week for Optionable Inc, the New York-based energy brokerage behind the Bank of Montreal’s gas trading losses, has continued to get worse. Uncertainty is now growing over the brokerage's relationship with the New York Mercantile Exchange (Nymex).
Broker suffers after BMO commodity losses
US commodity derivatives broker Optionable saw its shares plummet again today after Bank of Montreal, its most important customer, said it would suspend their relationship.
Asian Development Bank launches carbon fund
The Asian Development Bank (ADB) has launched a fund to provide capital to buy carbon credits at the outset of clean energy projects, after commitments from participants exceeded the $80 million needed for launch.
Icap acquires J. E. Hyde shipbrokers
Interdealer broker Icap has acquired shipbroking and shipping services business J.E.Hyde. The new company will be known as Icap Hyde & Company.
DIB offers sharia-compliant water note
Dubai Islamic Bank (DIB) has launched a four-year sharia-compliant Principal Protected Water Note, which offers participation in a basket of 10 stocks linked to the water industry, including activities such as purification, desalination and waste…
Momentum overrides fundamentals in CO2 market
carbon trading
So what if the US slows? The party's thumping in Asia
Allocators to hedge funds are one-eyed that Asia and commodities are where it's at - but their other eye is firmly on the US, report Solomon Teague and David Walker...
And now, Eurex has a short story about Russia for us…
Being bearish in the land of the bear was once nigh impossible, but Eurex told David Walker all that was about to change...