Foreign exchange

• Energy

Just a seasonal swing?

LNG

• 06 Jun 2005

• Exchanges

Powernext to launch spot carbon contract in late June

French electricity exchange Powernext will launch its delayed CO 2 emissions spot market on June 24, barring any technical or administrative difficulties among market members.

• 06 Jun 2005

• Risk management

UK business paying £1bn/year too much for energy

UK businesses are failing to manage energy buying efficiently and as a result are exposed to volatile prices, losing up to £1 billion ($1.81 billion) a year, a new survey has found.

• 03 Jun 2005

• Commodities

UBS expands energy group and starts trading oil in Canada

UBS Commodities Canada moved into larger Calgary offices in May to accommodate its expanding energy-trading team, including a shift into crude oil. The firm, part of investment bank UBS, has hired its first crude oil trader, its first options trader and…

• 03 Jun 2005

• Regulation

SEC chief steps down

Chairman of the US Securities & Exchange Commission (SEC) William Donaldson has resigned his position to return to the private sector, leaving a demanding job at the country's lead regulatory agency of the securities industry.

• 02 Jun 2005

• Energy

DrKW launches retail carbon product

Dresdner Kleinwort Wasserstein has paved the way for private investors to gain exposure to the carbon emissions market with a new securitised product.

• 02 Jun 2005

• Energy

Spectron brokers first 'clean' spark spread

Energy broker Spectron has facilitated the UK’s first carbon-neutral, or 'clean', spark spread trade.

• 02 Jun 2005

• Structured products

Comment

• 01 Jun 2005

• Central banks

Bank of Italy frustrates ABN's takeover

Italian banking sector

• 01 Jun 2005