Energy firms call for central bank support to cover margin spikes

EFET warns energy market participants risk being unable to meet “unprecedented margin requirements”

Energy volatility

European energy majors and commodity traders have been privately approaching central banks for liquidity support to meet large margin calls on energy derivatives trades, Risk.net has learned, amid whipsawing prices for wholesale commodities and electricity on the back of Russia’s invasion of Ukraine.

Energy majors have found themselves on the hook for enormous margin calls from central counterparties (CCPs) in the wake of the war in Europe, with the price of benchmark gas contracts more than

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 copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

If you already have an account, please sign in here.

Register

Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: