Infrastructure
El Paso expands 2007 hedge program
El Paso Corporation, one of North America’s largest independent natural gas producers, has announced that it has restructured and expanded the hedge program that supports its natural gas production for 2007.
Banks are ignoring Mifid threat, says Celent
BRUSSELS – The forex industry will be beset by law suits and regulatory action if it continues to ignore the Mifid directive coming into force next year, according to a research consultancy.
Isda takes first steps to settle Dura CDS
The International Swaps and Derivatives Association has released a protocol for settling credit derivatives on Dura, the US auto parts producer that filed for bankruptcy on October 30.
Plus ça change - how Polo Fund unlocks value
David Walker profiles Polo Capital Management's Polo Fund, the seekers out of catalysts for change and new paradigms to profit in the event-driven strategy
Institutional demand: $360bn today, but could it hit the trillion by 2010?
institutional investment
Hard on commodities
Hedge funds
Information gold mine
Correlation trading
All tied up
Exchanges
CDOs reunited
Hybrid CDOs
Oil prices: Risk of a fall?
Consensus forecasts predict lower oil prices next year, although a minority of analysts, sceptical that demand will fall, expect higher 2007 prices. Beyond 2008 the supply picture could be much tighter than generally thought, some experts say. Stella…
Trading opinions
Energy risk professionals from all over Europe gathered in London last month at the Energy Risk Europe conference to debate the hottest topics facing the industry today. The Energy Risk team bring you some highlights
CERs come of age
A secondary market for certified emissions reductions generated by the Clean Development Mechanism now exists – but its emergence has been patchy, with some significant developments, along with some ongoing uncertainty. Point Carbon's research and…
Platform for production
While a healthy flow of new oil is forecast to come on stream over the next few years, there's concern that projects will be held up by a lack of infrastructure, particularly rig availability and personnel, finds Roderick Bruce
Future imperfect
Hedging physical deals with derivatives may be active risk management, but if the physical contract is breached, it can result in unnecessary losses. Andrew Meads looks at whether the innocent party can recover these losses
Western congestion
Despite huge strides to improve power transmission efficiency in California since 2001, the region is still flagged a 'critical congestion area' by the US Department of Energy. Neil O'Hara looks at the state of play
HYBRIDS: BACK ON TRACK
The hybrid securities market has recovered from the twin setbacks of excessive volatility in the European market in the spring and a negative regulatory ruling in the US. But what have investors learnt from these hiccups? Laurence Neville reports
New dawn for India's securitisation market
India's structured finance business ground to a halt earlier this year after the introduction of the country's first securitisation guidelines. But with the changes now digested, new issuers are coming to market, says Sarfraz Thind
CDS volumes hit new record ... but processing backlog spikes back up
UK regulator, the FSA, talks tough on the backward step in CDS processing that has resulted in unconfirmed trades rising to 20,000 from 16,000
Unrealised potential
Greece & Turkey
CDS pricing
Talkingpoint