March 2006 - EFET Survey - Could do better

During a six-month study carried out by the European Federation of Energy Traders, gas traders were asked to evaluate using a scorecard approach, the major gas transmission systems in Europe.

The results showed that traders feel transmission systems operators (TSOs) can do a lot more to develop a transparent and liquid wholesale gas market throughout Europe, says EFET. The evaluation also showed that the German systems appear to be lagging behind the rest of Europe.

"Gas traders hope that the

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Stemming the tide of rising FX settlement risk

As the trading of emerging markets currencies gathers pace and broader uncertainty sweeps across financial markets, CLS is exploring alternative services designed to mitigate settlement risk for the FX market

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