Foreign exchange
The best possible outcome...
Whether trading on exchanges or outside their boundaries, managers will find themselves compelled by the Markets in Financial Instruments Directive to ensure they are measuring, achieving and monitoring 'best execution.' But London lawyers counsel…
Basel bonanza a boon for cold hard cash
While hedge funds may be used to holdings in cash management funds for investor redemptions, Basel II has given banks a greater incentive, to allow their use as collateral as well, Solomon Teague reports
Getting strongly bullish about the prospects and future opportunities in the land of the bear
russia equity long/short
Credit Suisse joins global warming index world
Credit Suisse has launched a new global warming index, offering the opportunity to invest in renewable energy and carbon controlling stocks which are selected by the bank’s equity research and Holt teams.
Euronext to launch volatility indexes
Stock exchange Euronext is to launch three volatility indexes to capture implied volatility embedded in option prices. The AEX Volatility Index, the BEL 20 Volatility Index and the CAC 40 Volatility Index can be used as underlyings for structured…
Foreign exchange - Algos a go-go
Structured products
Foreign exchange - Carry on regardless
Carry trade
Collateral concerns
CFXOs
SEC names financial reporting committee members
Christopher Cox, the Securities and Exchanges Commission (SEC)’s chair, announced the members of the new Committee on Improvements to Financial Committee yesterday.
Lufthansa
The German airline group stresses strong communication between those handling the physical and financial sides of the business as paramount to energy price risk management
Adelaide Brighton
Volatility in the Australian power market has forced the cement manufacturer to employ some innovative risk management and asset optimisation solutions
Accessing China's oil market
China's wholesale oil market is opening up to foreign investment and several western oil majors are making inroads. But many regulatory obstacles remain, as Lauren Hilgers reports
Rethinking US liberalisation
Citing rising electricity prices, critics of liberalisation have recently managed to convince lawmakers in several US states to rethink policies that ban utilities from owning power plants. Elisa Wood investigates the current state of play
Tales from the sell side
Asia, and in particular China and India, represents the largest source of project-related emissions reduction credits going into the UN's Clean Development Mechanism system. Oliver Holtaway speaks to Asia Carbon Exchange's N Yuvaraj Dinesh Babu about the…
AstraZeneca
Pharmaceutical company AstraZeneca has restructured its supply contracts towards a more flexible model
Weathering risk
Earlier this year, Storm Exchange unveiled its electronic weather exchange, based on 500 proprietary, industry-specific weather indexes serving the over-the-counter markets. David Watkins speaks to David Riker, Storm's president and chief executive,…
Weighing up the options
Mounting domestic environmental issues and worldwide energy security uncertainty are pushing the Chinese government to consider the full gamut of energy options – including renewables. Yue Zhang and Chong Siang Chew of the Institute of Energy Economics,…
Tentative decisions
Private equity has shied away from investment in energy assets in the past. But as Ian Bagshaw and Charles Jacobs, partners at Linklaters, explain, some players are now starting to show an interest
Stora Enso
The Scandinavian paper maker has found that having its own generation assets can be an effective hedge against rising and volatile power prices
South Korea hedges its bets
Corporate hedging of energy and commodity price risk in South Korea used to be the purview of a handful of large conglomerates. But a recent change in regulation has opened up the door to a whole new tier of potential hedgers. Local banks are now teaming…
Matchmakers
Post-trade confirmation in the energy market, once slow and prone to error, is becoming increasingly efficient due to the successful rollout of trade confirmation standards. David Watkins looks at how two of the competing standards have developed
Clearing the way
The Futures and Options Association has called on UK power market participants to come forward to help develop the market's structure. Chris Cook proposes an enterprise model that aims to overcome the obstacles to co-operation
End-user forum
Energy procurement and price risk management is an increasingly vital function for energy intensive companies, from airlines and cement manufacturers to supermarket retailers. Roderick Bruce investigates the challenges facing such companies in Europe and…