Energy Risk - May 2016
Articles in this issue
EU energy firms ‘working in the dark’ on Remit reporting
Uncertainty lingers even as firms begin reporting bilateral power and gas trades
Mifid II transparency rules shake up bank commodity desks
Role of voice set to dwindle, while e-trading sparks worries of predatory algos
Citadel builds physical gas trading business
Hedge fund’s foray into gas follows bank retreat from physical commodities
Climate change is the fattest tail risk of them all
Casting doubt on science is an unwise risk management strategy
Banks push e-trading of OTC energy derivatives
Goldman, JP Morgan and SG lead race to add oil and gas to single-dealer platforms
Ex-Citi oil options head enjoys the hedge fund life
GZC’s Elbhar rode oil spread trade to 40% annual return in 2015
CFTC automated trading proposal worries energy firms
Companies surprised to learn they may need to register as algorithmic traders
Wells Fargo hires senior gas trader from Mercuria
Other hires at Cargill, Millennium Management and Xcel Energy
EU benchmark proposal may hit commodity index publishers
Platts fears indexes will be ‘less robust’ due to provision on supervised entities
Transparency may be hazardous to your health
Esma should fine-tune Mifid II disclosure rules before they wreck markets
US banks face questions over bad oil loans
Resilience of hard-hit regional lenders scrutinised as losses mount
The UK carbon floor and power plant hedging
How to calculate expected future carbon costs and optimal valuation and hedging decisions, by adjusting Monte Carlo simulations for the UK market
