- 28Jun
Energy and commodities highlights: US gas prices, OPEC meeting, Chinese LNG investment
Moving into high summer, US energy markets were taking stock of trends in power generation amid low gas prices. The US Henry Hub gas benchmark recently traded at historic lows, and with forward prices suggesting little upside, the fuel is…
0 comments Read more28JunU.S. refinery capacity reaches record high at the start of 2019
As of January 1, 2019, U.S. operable atmospheric crude oil distillation capacity was a record-high 18.8 million barrels per calendar day (b/cd), an increase of 1.1% since the beginning of 2018, according to EIA’s annual Refinery Capacity Report. The previous…
0 comments Read more28JuncieTrade offers new cloud software for Export Trading
STAMFORD, Conn., June 27, 2019 /PRNewswire/ — Effectively leveraging information technology has become critical to the success of paper, scrap and commodity exporters of all sizes, especially with today’s increasing customer demands, growing transaction volumes, logistical challenges, and exacting documentation requirements….
0 comments Read more28JunBoE probes banks on machine learning use
Risk Live: watchdog wants to know “how prevalent” ML models are, say execs Source: Risk feed
0 comments Read more28JunGoldman AM, SG on alternative data: do believe the hype
Source: Risk feed
0 comments Read more28JunIsda backs regulatory push on derivatives data project
Risk Live: Common standards for trade reporting should be mandatory, argues senior industry representative Source: Risk feed
0 comments Read more27JunJP Morgan AM creates Taiwan trading hub
New local centre aims to channel orders in bulk, cutting price slippage Source: Risk feed
0 comments Read more27JunWaterfield Energy Continues Rapid Upstream Software Market Expansion
TULSA, Okla. (PRWEB)June 27, 2019 – Waterfield Energy, a leading provider of advanced oil and gas software, has added a large chemical and energy company as an Upstream client. The client is a public oil and gas company focused on…
0 comments Read more27JunModel risk managers: banking’s future VIPs
Risk Live: Machine learning models are changing the risk profile of banks, says UBS CRO Source: Risk feed
0 comments Read more27JunGas Injection Meets Expectations, Power Demand Shows Summer Gains
Natural gas storage inventories increased 98 Bcf for the week ending June 21, according to the EIA’s weekly report. This injection is near the expected injection, which was an injection of 97 Bcf. Working gas storage inventories now sit at…
0 comments Read more27JunThe LNG sector is breaking taboos to stay competitive
Breaking taboos in the LNG industry is a time-honored tradition. The disruptors have sometimes succeeded and sometimes failed, but the commercial arc of the LNG universe is unquestionably bending towards change. These changes are happening out of necessity and not…
0 comments Read more27JunPre-2019 ABS ‘very unlikely’ to stay in EU liquidity buffers
Issuers will struggle to adapt old deals to new STS rules, forcing banks to reshuffle HQLAs Source: Risk feed
0 comments Read more27JunBoE drops Libor for hedging UK forex reserves
Risk Live: Central bank adopts Sonia in Treasury swap programme, consults on restrictions for Libor collateral Source: Risk feed
0 comments Read more27JunHow is Artificial Intelligence Changing the Banking Industry?
By Antonella Comes, CMO, Auriga Both challenger and traditional banks are growing their focus on helping consumers save money. As customers increasingly look to save money for a rainy day and become more fiscally responsible, many banks have reacted by…
0 comments Read more27JunColorado changes its regulatory structure for oil and natural gas production
In mid-April, Colorado’s governor signed a law changing the way the state regulates its oil and natural gas industry. Senate Bill 181, also known as Protect Public Welfare Oil and Gas Operations, amends the Oil and Gas Conservation Act and…
0 comments Read more27JunMarket abuse – Insider trading, $25m spoofing fine in the US and discussion on intra-day trading rules
The long running case against Fabiana Abdel-Malek, a former compliance officer at UBS AG, and Walid Choucair a day trader (see here) has returned a “guilty” verdict. Abdel-Malek was accused of providing Choucair with inside information in person, using a “burner” phone…
0 comments Read more27Jun'Transforming your legacy technology' with AWS & GFT next month
GFT has been working with our partner AWS to develop solutions that help financial institutions manage, transform, and store their data securely and we are delighted to be hosting a breakfast meting on 'Transforming your legacy technology' at AWS HQ…
0 comments Read more27JunIMO2020 – What’s the Impact?
New IMO2020 regulations coming into force have got the industry’s attention. What is this regulation? What will it mean and how will it impact us? We asked Alok Sharma of InaTech. ComTech Advisory: We notice that Inatech has been very…
0 comments Read more27JunInside the West’s failed fight against China’s ‘Cloud Hopper’ hackers
Eight of the world’s biggest technology service providers were hacked by Chinese cyber spies in an elaborate and years-long invasion, Reuters found. The invasion exploited weaknesses in those companies, their customers, and the Western system of technological defense. By JACK STUBBS, JOSEPH…
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