Energy Risk - Energy Risk February 2013

Articles in this issue
Coal derivatives activity rises in Europe and US despite differences
A tale of two continents
Low crude volatility to bolster spread trades, say analysts
Market participants expected to shy away from outright bets on crude oil as low volatility persists
PRAs push back against potential EU rules on benchmarks
Price reporting agencies among the most vehement critics of potential EU rules on benchmark indexes
Railroad indexing to API 2 could help US coal exporters manage risk
Link to API 2 could make exports look more attractive and reflects growing participation in coal market by US firms
Cutting edge: Hedging price and volumetric risks of fixed-price load-serving contracts in natural gas markets
Cutting edge: Hedging price and volumetric risks of fixed-price load-serving contracts in natural gas markets
Turning points: Frédéric Lasserre, Belaco Capital
Recent years have seen an outflow of commodity derivatives talent from banks towards hedge funds and independent traders. This is the path trodden by Frédéric Lasserre, former head of Société Générale Corporate & Investment Banking’s commodity research…
Brent challenges WTI despite questions about oil benchmark
Battle of the benchmarks
A changing landscape in commodity derivatives
A changing landscape
Post-MF Global segregation reforms spark fierce debate
Searching for security
Deutsche Bank to lose commodities head
Silbert expected to depart Deutsche Bank; Constellation loses power trading head; Goldman appoints Asia-Pacific trading head; ex-Duet duo launch commodities fund; FSA regulator joins FOA
Isda seeks to dispel speculation myths with commodity website
Isda turns up the volume in controversial debate over commodity speculation and position limits
Risk & Energy Risk Commodity Rankings 2013 – energy
Kinetic energy
Risk & Energy Risk Commodity Rankings 2013 – metals
Pole position