The derivatives burden



It was a bit of a waste really. On a sultry mid-June afternoon, at the end of London’s Derivatives Week event, a panel of market experts pondered the future of on- and off-exchange energy derivatives before a torpid audience. “It’s just as well the press aren’t here,” joked one of the panellists in a provocative bid to rouse the audience from its lethargy. Nevertheless, it was one of those days when a potent brew emerges from an eclectic mix of ingredients.

A quick warm-up discussion led

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