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Infrastructure

Exchanging futures

There's no doubt that Andy Gooch takes the helm at Nymex Europe Limited in interesting times. While NEL's trading floor is in danger of closure, arch rival IntercontinentalExchange's new WTI contract has gained significant volume

Joined-up risk assessment

The nature of risk is changing. Energy companies, well-skilled in managing market risk and operational risks, may now need to adopt a new stance towards risk management, write Rohit Bhapkar, Roland Rechtsteiner and John Stroughair

A question of priority

The US Energy Policy Act of 2005 calls for a review of existing power dispatch methods. But replacing today's regional methods with a one-size-fits-all plan throws up many concerns, writes Richard McMahon

Taking stock of SOX

Sarbanes Oxley has wide-ranging implications for US power companies on how they use, and record their use of, market data, writes Sandy Fielden

CDM structures mature

Buyers and sellers in the clean development mechanism market now have a broader range of pricing structures at their disposal. Oliver Holtaway investigates

Integrating energy data

Knowledge is power, and having the latest information on the marketplace is of paramount importance. Eric Fishhaut looks at why centralising information can have a big impact on tactical management and developing strategies

Canada opens its borders

A change in regulation allowing investors to hold more debt issued by non-Canadian entities has proved a fillip to the country's bond markets. Nadia Damouni looks at how the credit markets in Canada are evolving

Winner: J Sainsbury

This month's innovative deals in the debt capital markets are a CMBS offering from J Sainsbury, Comcast's $2.25 billion deal and RBC's Logan CDO II

CDS boost for pension funds

Pension fund managers have traditionally shied away from using credit derivatives. But in the current climate of ultra-narrow spreads, trying to outperform the market without using credit default swaps could prove to be a major handicap, as Sarfraz Thind…

The great rating debate

A conference in Paris exposed some criticism of the way the rating agencies function. Issuers and investors feel the industry suffers from a lack of competition which has harmed service levels. Sarfraz Thind reports

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