Energy Risk News Headlines
TOP STORY: ICE cool about further regulation 15 Jul 2008
CBOE launches crude oil volatility index 18 Jul 2008
Chicago Board Options Exchange (CBOE) has launched the CBOE Crude Oil Volatility...
Borsa Italiana to launch power derivatives 17 Jul 2008
Milan-based Borsa Italiana has signed an agreement with Italian power market...
ICE and NGX expand physical natural gas clearing 11 Jul 2008
IntercontinentalExchange (ICE) and Calgary-based Natural Gas Exchange (NGX)...
July 2008
Airline hedging
Uncharted territory
As crude oil prices soar, the coming hurricane season looks set to add yet more complexity to US airlines’ dynamic hedging programmes. Catherine Lacoursière reports
more
Brokers fight back
Power in numbers
Amid the ongoing M&A wave in the exchange and interdealer broker space, six smaller independent brokers have joined forces in a bid to stay afloat in ever-deepening liquidity pools. David Watkins reports
more
Profile
Marty Malinow
Newly crowned WRMA president Marty Malinow tells David Watkins that there's fewer than six degrees of separation between life, business and the weather markets
more
Oil database
Return of the Jodi?
The Joint Oil Data Initiative (Jodi) to improve oil market data has failed to
impress. But after receiving a tougher mandate at June’s Jeddah Energy
Meeting, that could be about to change, writes Eithne Treanor
Energy Risk USA
A meeting of minds
Now in its 12th year, the Energy Risk USA conference in Houston once again brought together key figures in the energy industry to debate the hottest topics. The Energy Risk team reports
Awards ceremony
And the winners are...
The 2008 Energy Risk Awards ceremony was held in Houston on
June 10. Comedy writer Alan Zweibel presented the awards with
Energy Risk editor Stella Farrington
Carbon trading e-symposium
Carbon traders connect
Over 1,000 delegates signed up to the Environmental Risk carbon trading e-symposium, a live online conference hosted by Energy Risk on May 28. Roderick Bruce looks at some of the highlights
Market focus
Volatility in dry bulk freight rates
Volatility in dry bulk freight rates has hit record levels in recent weeks.
Peter Norfolk at SSY Consultancy & Research discusses the trend
Value-at-risk
Valid assumptions required: Monte Carlo VaR
Brett Humphreys discusses the many decisions associated with the calculation of a Monte Carlo value-at-risk
Cutting edge
Explaining bias in mean-reversion speed estimates
Current estimates of mean-reversion speeds for energy commodities may be strongly biased toward zero. Cliff Parsons explains the bias
Technology Guide
Welcome to Energy Risk’s 2008 Technology Guide Special Report
System Frontrunners
Our four System Frontrunner articles offer expert insight into the most pertinent ETRM topics in the industry today.
Abacus Solutions Inc (PDF: 605Kb)
OpenLink (PDF: 89Kb)
Allegro (PDF: 296Kb)
TradeCapture (PDF: 92Kb)
2008 Energy Risk Technology Directory
In-depth technology articles
Three in-depth articles look at software implementation, suggest best practice for carrying out an upgrade, and discuss the growth and expectations for web-based trading and risk management solutions:
ASP solutions
Software selection (PDF: 143Kb)
ETRM upgrades (PDF: 189Kb)
Masterclass: MFMC3
Application of MFMC to spread option valuation
John Breslin, Les Clewlow, Calvin Kwok, Chris Strickland and Matthias Pfau continue their discussion of the multi-factor multi-commodity modelling framework
