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The state of freight

With freight derivatives volumes at record highs, investor products are now being developed in the shipping derivatives market. Ryan Davidson looks at whether the market has matured sufficiently to attract investor interest

Profile: Dow Chemical - Chemical reaction

Dow Chemical, the largest commercial consumer of energy in the US, is trying to formulate a response to soaring annual energy costs of $32 billion, while meeting environmental targets. Roderick Bruce examines the company's energy strategies

Profile: Constellation NewEnergy

Constellation NewEnergy has earned a reputation for effectively manoeuvring its clients through the highly volatile US electricity markets. Jayne Jung reports on the company's i2i online risk management programme

A time to trade?

The launch of CERs futures on Indian exchanges is breathing new life into CDM projects in India. Speculators have entered the market and are creating liquidity in CERs and, as a result, more carbon-financing options, finds Catherine Lacoursiere

Trading strategies - Walking a fine line

A worrying trend is emerging in the UK corporate world, with many companies adopting extremely risky strategies in a bid to reduce their exposure to energy price volatility, says Utilyx chief executive Chris Bowden

You've got mail

Emails are increasingly being used (and demanded) as evidence by US courts, and the implications of this are rippling around the globe. Ellen Davis looks at what international firms need to be doing with their email to ensure they can handle the changing…

Laundering goes virtual

Multiplayer sites such as Second Life might have started out as a bit of innocent fun, but the potential for criminals to use them for underhand financial means demands serious consideration

Spanish sensibility

BBVA's global head of operational risk, Jordi Garcia, takes a pragmatic, hands-on approach to managing the Spanish bank's op risk. Duncan Wood talks to this veteran of the industry about the unique quality of Spanish loss data, Basel II and life at the…

The Feds are coming

Regulators in the US are cracking down on banks in their stringent anti-money laundering campaign. Nick Kochan looks at the civil penalties being imposed on financial institutions and wonders whether they are entirely justified

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