TriOptima trims six companies' oil swap portfolios

- Risk Staff
- 28 Jan 2005

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

The companies in question were two energy companies – EDF Energy Merchants and Electrabel – and four banks: Société Générale, Barclays Capital, Deutsche Bank and one that did not wish to be named. They reduced their operational costs, operational risk and counterparty credit exposures by terminating a total of 1,888 oil swaps.

The terminated volume represented 350 million underlying barrels of oil, most of which was in Brent and West Texas Intermediate indexes, with some volume in the spread

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to print this content. Please contact info@risk.net to find out more.

You are currently unable to copy this content. Please contact info@risk.net to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@risk.net

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@risk.net

You already have an account with us*. Sign in below to continue.