News/Commodities
Emir clearing mandate for NFCs is unjustified – EDF Trading
No good reason to subject energy firms to mandatory clearing, says firm's head of regulation
European energy regulators step up market surveillance
Despite quality concerns, monitoring of Remit trade data is under way, officials say
Shell compliance chief rues ‘perverse outcome’ of Mifid II
New EU rules may fragment liquidity and spur regulatory arbitrage, conference hears
EU energy firms uneasy over inside information proposals
List of information expected or required to be disclosed under the Market Abuse Regulation is 'misleading', say industry groups
Energy firms under pressure to improve trade surveillance
Monitoring at most energy firms inadequate for regulation, say consultants
Esma changes to position limits seen as ‘sensible’
Regulator allows higher limits for less liquid commodity derivative contracts
EU energy firms kept waiting by stand-off over Mifid II rule
Progress on ancillary exemption halted by ‘political’ dispute between EC and Esma
Citi appoints new Asia-Pacific commodities head
Stuart Smith joins Citi from Commonwealth Bank of Australia
Goldman hires new co-head of commodities trading
Bank taps Mercuria's US power and gas head for senior role
Regulation remains top concern for US energy risk managers
Capital requirements, position limits and other rules still hampering liquidity, conference hears
Morgan Stanley’s Sherk stresses value of oil hedging
Options have become good way for E&P firms to raise capital, top banker says
CFTC moving to amend position limits rule, sources say
Supplemental proposal aims to ease industry concerns over hedging exemptions
End-users debate CFTC automated trading rule
Representatives of energy and agriculture firms clash over Regulation AT
Wells Fargo hires senior gas trader from Mercuria
Other hires at Cargill, Millennium Management and Xcel Energy
CFTC automated trading proposal worries energy firms
Companies surprised to learn they may need to register as algorithmic traders
Banks push e-trading of OTC energy derivatives
Goldman, JP Morgan and SG lead race to add oil and gas to single-dealer platforms
Citadel builds physical gas trading business
Hedge fund’s foray into gas follows bank retreat from physical commodities
EU energy firms ‘working in the dark’ on Remit reporting
Uncertainty lingers even as firms begin reporting bilateral power and gas trades
Massad denies silencing position limits analysis
CFTC economists stopped from critiquing proposed rule due to “priorities”, not politics
IT heads of energy trading firms wrestle with budget cuts
Migration to cloud-based solutions considered as budgets fall 20–25% in 2016
Axpo continues to build out US trading business
Other moves at BNP Paribas, Castleton, Elliott Management and Koch
EC sides with big energy companies in Mifid II spat
Commission urges Esma to restore ‘capital employed’ test desired by industry
EC seeks redo of controversial Mifid II commodity provisions
Rules on ancillary exemption and position limits sent back to Esma
EU position limits pose headaches for national regulators
Proposed Mifid II limits on thousands of commodity contracts worry some officials