Energy firms under pressure to improve trade surveillance

Monitoring at most energy firms inadequate for regulation, say consultants

market-manipulation
And end to manipulation? Individuals now being fined by regulators

Energy firms are gearing up to improve their trade surveillance capabilities in light of increasingly stringent anti-manipulation rules and enforcement in the US and Europe, say consultants.

"Energy firms increasingly want a deeper understanding of their traders' actions and motives," says Sunilkumar Ramakrishnan, a London-based associate partner in IBM's energy risk management division. "They are realising that energy firms are being treated in the same way as banks, and will need to increase t

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