Energy Risk - Oct 2016

Articles in this issue
UK resists expansive view of Mifid II position limits
FCA suggests limits shouldn’t apply to OTC trades between non-EU entities
Coal derivatives trading surges amid hedge fund influx
Increased activity by funds fuels take-off in listed and OTC volumes, traders say
No quants need apply: new trends in risk hiring
Soft skills are growing more important in the recruitment of risk managers
When governments invent new markets, expect trouble
US ethanol credits debacle highlights problems with fiat markets
Commodities may be a sweet spot for blockchain
Some aspects of commodity markets make them a natural fit for distributed ledger technology
Fintech firms seek to apply blockchain to commodities
Potential uses range from tracking physical assets to payment systems for rooftop solar
Disasters can give valuable lessons – Engie Global Markets CRO
Ken Robinson reflects on the ‘good, bad and ugly’ in energy risk management
CFTC flexes muscles in Kraft, DRW cases
Agency pushes for broader definition of market manipulation in parallel legal battles
Exchanges, energy brokers jostle for position ahead of Mifid II
EEX foray into non-MTF platforms sparks outcry from brokers
Plastics hedging rising amid US chemical industry boom
Several obstacles limiting potential growth, say plastics market participants
Citi loses senior energy traders
Brookes moves to EDF Trading as head of European gas trading
A profit and loss attribution framework for physical and financial energy portfolios
A P&L attribution framework can improve the information available to energy traders