News
Exclusive video: Impact of CO2 on power prices
Power risk managers may face previously unforeseen cost challenges in the next few years, as not enough research has been done to quantify the marginal effects carbon dioxide (CO2) emissions prices will have on the electricity generation sector, says…
Oil outlook revised down
Oil prices are not expected to top $100/bbl in 2010 as energy sector participants pare down their 2010 forecasts in light of supply issues
‘Revolutionary’ voluntary carbon platform won’t transform market, say experts
A new platform for electronic trading of voluntary carbon credits, claiming to revolutionise the market, has met a muted response from industry participants
Aviva Investors recruits new convertibles fund manager
Convertible bond fund manager Justin Craib-Cox joins Aviva Investors from M&G Investments.
Marty Fridson joins BNP Paribas
High yield veteran and Fixed Income Hall of Fame member takes on new strategy role.
HK structured product providers warm to 'cooling off' period
The Securities and Futures Commission's new rules will force dealers to offer secondary pricing and give investors a five-day option to back out of longer-dated trades
Iosco names new technical head
Dutch regulator Hans Hoogervorst will take the chair of Iosco's technical committee this week.
Exclusive Credit Suisse video: energy price outlooks
Crude oil prices will stay range-bound over the next three years, due to substantial Organization of the Petroleum Exporting Countries (OPEC) spare capacity, growing global demand and significant financial flows, says Credit Suisse’s head of global…
European derivatives draft to be published for consultation within days
EC derivatives legislation set to be far more detailed than US financial reform bills, and open to industry comment before final adoption.
Daiwa names Kan head of derivatives structuring
The Japanese bank continues to build up its equity and derivatives operation in Hong Kong.
G-20 pursues systemically important banks, despite abandoning levy
Banks will still face new constraints as the G-20 continues with plans to prevent them from posing a systemic threat.
Exclusive Kaminski Video: energy risk management challenges
The energy markets still face an unprecedented level of regulatory risk over the next year, as impending changes to the US financial system loom, while at the same time, BP’s Gulf of Mexico oil spill has presented major operational risk factors for the…
European Parliament’s IAS 39 clearing eligibility proposal criticised by accountants
Accountants condemn a proposal to use IAS 39 as a means to determine whether a derivative has to be cleared through a central counterparty.
Special regulation report from Houston
With the US set to unveil the largest set of financial regulation reforms of the past 30 years, Lianna Brinded reports from Houston, Texas, on how these changes will effect the energy and commodities industry.
Isda credit auction sets 20% Ambac recovery rate
Protection sellers on monoline face 80% cash value payout
Financial reform to be decided in US
US financial reform edges closer as legislators prepare for the reconcilation of the House and Seante bills
Industry urged to stop fighting Basel III and negotiate transition period
Banks should focus on the timeline for implementation and stop resisting the Basel reform package itself, say regulators
Contagion fears drive volatility
The takeover of a Spanish savings bank last month and rumours of funding difficulties at the country's financial institutions spook investors
Lack of co-ordination contributes to European market sell-off
The Bafin decree on short selling in May signalled a lack of agreement by European regulators, say participants
Tricorona purchase aimed at bolstering Barclays' CER portfolio
Barclays' $143 million bid for Tricorona should provide the bank with value all along the emissions supply chain
Industry calls for wider standardised baselines for CDM
CDM would be boosted by the introduction of standardised baselines, say experts