Upturn predicted for physical energy trading

Oil barrels

Speakers at the 86th Annual International Energy Credit Association (IECA) Fall Conference in Tucson, Arizona this week spoke about a likely increase in physical trading in energy markets as a result of new derivatives legislation.

Although he admitted the effect on the energy industry remains unknown, Bob Reilly, vice-president of regulatory affairs at Shell Energy North America, said the use of the categories swap dealer, major swap participant and end-user to define market participants’

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