News
Markit to start trading emerging market sovereign credit risk index
The Markit iTraxx SovX CEEMEA (Central and East European, Middle East and Africa) index will start trading on January 20. The index is part of the Markit iTraxx SovX family of sovereign credit default swap indexes.
Nodal Exchange offers first real-time LMP contracts
Nodal Exchange launched eight contracts today, its first to settle against real-time Locational Marginal Price (LMP).
Chinese CER market in pricing limbo post Cop15
The market for long-term Chinese generated certified emission reductions (CER) units is in a pricing limbo, after China, the world’s largest carbon emissions emitter and one of the largest developers of clean development mechanism (CDM) projects, failed…
Gensler calls for tighter regulation of dealers
Commodity Futures Trading Commission (CFTC) chairman Gary Gensler refused to detail a timetable for imposing position limits on energy traders today, but called for tighter regulation of dealers in over-the-counter derivatives.
Europe North Sea grid seen furthering market coupling
The European Commission is set to build the largest transnational power network of its kind, after announcing it is planning a massive electricity grid to run under the North Sea.
Cold snap highlights UK’s gas storage tightness
UK gas prices have risen following severe winter weather, prompting experts to renew calls for increased storage capacity and a more diversified energy supply.