Commodities
Openlink, Aspect and TriplePoint CEOs on being ION firms
Mergers and acquisitions are not uncommon in the world of commodity trading and risk management (CTRM) software, but the recent shopping spree by Ion Investment Group took even the CTRM technology market by surprise.
Technical uncertainty in real options with learning
This paper introduces a new approach for incorporating uncertainty in the decision to invest in a commodity reserve.
Dynamic delta option strategies in Nordic electricity markets
This paper examines how electricity options traded in the Nasdaq OMX Commodities Europe financial market are priced compared with their corresponding futures contracts.
From trend follower to trailblazer
New fund targets commodities others are “scared” to trade – from asphalt to glass panels
New directions – Diversification of alternative risk premia strategies
Despite a difficult year, investors remain keen to use alternative risk premia strategies. However, current approaches may be less diversified than they appear, especially given cross-contamination in cash equity factors. According to Nomura, a more…
CTRM software house of the year, Asia: Ion: AspectCTRM
Energy Risk Asia awards, 2018: appealing to both large and small firms leads to impressive revenue growth for commodities software firm
Innovation of the year, Asia: BOCI
Energy Risk Asia awards, 2018: Bank of China International launches first broad-based Chinese commodity index
Commodity finance house of the year: Societe Generale
Energy Risk Asia awards, 2018: standout financing deals reflect growing appetite for renewables and new approach to risk
The aftershocks of Einar Aas
Energy could be particularly badly affected by the €114m default of Nasdaq power trader Einar Aas
Hedging figures show doubt over US crude export plans
Producers sceptical that better infrastructure will allow US exports to relieve crude pressures
Let exchanges set position limits – CFTC commissioners
Agency lacks the resources to monitor limits, say Berkovitz and Quintenz
Lessons from two commodity defaults
Regulators and exchanges need to learn from the Greenhat/PJM and Norwegian Nasdaq defaults
IFRS 9 versus IAS 39: Opportunities in changes to hedge accounting
With financial reporting in a state of flux amid the introduction of several new accounting standards, many corporates may feel overburdened by the need to ensure accounting compliance to take full advantage of IFRS 9 from the point of adoption. Robert…
Trade finance under new stress as commodity markets realign
Higher tariffs, sanctions and Brexit are leading to a reassessment of trade finance arrangements
Stress tests expose climate risks in loan books
Efforts to quantify the risk of global warming are changing the way banks manage credit portfolios
Lessons for the next round of energy market regulation
More recognition of commodities' special features will make future regulation faster and smoother, argues energy expert
‘Trump digs coal’ – but is that enough?
Are Trump's efforts to support US coal levelling the playing field for fuel sources, or flogging a dead horse?
Asia moves: CBA overhauls leadership team, HK regulator reappoints directors, and more
Latest job changes across the industry
TP Icap fires Phizackerley, and more
Latest job changes across the industry
Newman: why commodities will stay OTC
As he retires, Icap Energy founder on his acid test for picking emerging markets, and the promise of LNG derivatives
New frontiers
Innovative investment opportunities are helping to mitigate risk and satisfy Solvency II capital requirements as insurers face continued economic uncertainty. Frederic Morlaye, managing director, insurance and capital management solutions, Global Markets…
Newman retires, ING's new commodities head, and more
Latest job changes across the industry
Compliance must keep pace in AI arms race
Bank compliance departments’ computational firepower must be a match for trading desks, says expert