FC Stone
Deals of the Year: Morgan Stanley
Morgan Stanley takes on troubled energy account.
Trading positions
Energy Risk catches up with the latest appointments, promotions and departures in global commodity markets
FCStone buys Australian risk management firm
US commodity risk management firm FCStone Group has bought the risk management arm of Australian rural services provider Elders for an undisclosed sum.
Confusion over membership at WBOT continues
Dan Parker, chief executive of Atlanta-based Weather Board of Trade (WBOT), today told RiskNews that two institutions he originally named as charter members of the weather derivatives exchange never had such an agreement with the company.
Formation of WBOT blows off course
Atlanta-based Weather Board of Trade (WBOT) has missed its planned February 2003 launch date, and its viability has been called into a question by a number of market participants. The online weather derivatives exchange originally planned to launch in…
Weather Board of Trade delays launch as problems mount
Atlanta-based Weather Board of Trade (WBOT), which was set for an October launch, will now only start trading exchange-based weather derivatives in February 2003. WBOT has also lost a number of its charter members, encountered problems with its fund…