Full spectrum

In January, Duke Energy spun off its natural gas business into a stand-alone company – Spectra Energy. David Watkins talks with Martha Wyrsch, Spectra president and chief executive, about the benefits of a pure-play firm versus an energy superstore

As the plural of 'spectrum', Spectra might seem an inappropriate name for a company that has just narrowed its focus. Yet for Martha Wyrsch, Spectra Energy Transmission's president and chief executive, the name embodies the company's new emphasis on pure-play natural gas activities in gathering and processing, transmission and storage, and distribution.

"You could argue that as we spun the business out we also narrowed our focus, but that was to ensure that there was simplicity and clarity in

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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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