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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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Job moves

QUOTE OF THE MONTH: - “I have come to you with a problem – we need to outsource our balance-sheet funding” From an e-mail sent last year by John Rusnak to an unnamed counterparty, referring to his deep-in-the-money options trades, or ‘synthetic loans'.

Servicing the e-industry

Investing in IT infrastructure development is essential in today’s often fractured environment of rival software languages and specific trading needs. Clive Davidson discovers what is on offer to bring these disparate elements together

Crude futures hit six-month highs

Crude oil futures on the New York Mercantile Exchange (Nymex) hit six month highs of $25.61 a barrel (bbl) on March 21 as a combination of rising demand, continued supply curbs and fears of US action against Iraq drove prices higher.

Prebon backs coal growth

Prebon Energy, the New Jersey brokerage firm that specialises in physical and financial energy products, has opened a coal desk.

Talent spotting

Ronald Neumunz tells Jeff Benjamin why LJH is drawn to Europe and how the company plans to capitalise on the emerging hedge fund management talent

BNL plans weather desk for Italy

Rome-based Banca Nazionale del Lavoro (BNL) is planning to set up a weather derivatives desk, which could add to the recent thrust of new players in the weather risk market. BNL hopes to establish the desk, specifically for the Italian market, by the…

BHP Billiton buys into weatherXchange

Anglo-Australian mining giant BHP Billiton has bought a 7.5% stake in weatherXchange, an online weather derivatives data service, set up by the UK’s Meteorological Office and London-based Umbrella Brokers in June last year. BHP Billiton has an option to…

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