- 28Feb
BoE’s new Sonia index gets a thumbs-up from issuers
Calculating coupons based on compounded Sonia was “a real nightmare” for some Source: Risk feed
0 comments Read more28FebDealers cast doubt on swaptions compensation plans
Redress scheme for victims of post-Libor valuation change may fail due to “cherry-picking” fears Source: Risk feed
0 comments Read more28FebTrafigura forms venture with Phillips 66 for deepwater Texas oil port
LONDON (Reuters) – Global commodities trader Trafigura said on Friday it had formed a joint venture with U.S. refiner Phillips 66 (PSX.N) to build a major deepwater port in Texas capable of handling supertankers, ditching its own competing project. The…
0 comments Read more28FebEIA expands data on capacity and usage of power plants, electricity storage systems
The U.S. Energy Information Administration’s (EIA) Electric Power Monthly now includes more information on usage factors for utility-scale storage generators as well as a monthly and an annual series on the total available capacity for several power plant technology types….
0 comments Read more28FebTrips to Germany
This week, I headed back to Germany – Heidelberg and Walldorf specifically – again to speak and participate in SAP’s Commodity Management Forum. I had been to Essen just a couple of weeks previously for E-World. Living in Brno, I…
0 comments Read more28FebEnuit Gets Focused on Risk Analytics
An Interview with Dr. Hui He, Managing Director of Analytics, Enuit Risk analytics have long been a bit of a weakness in many E/CTRM platforms and solutions. Recently, ComTech read that Enuit had hired a new Managing Director of Risk…
0 comments Read more28FebEMIR reporting best practices spreadsheet – and a reporting article
ISDA this week issued this spreadsheet relating to EMIR reporting. It is a version of the EMIR “validations spreadsheet” with added columns for many of the fields, that provide best practice notes on how they should be filled. The spreadsheet…
0 comments Read more28FebOil prices on track for biggest weekly decline in over four years
SINGAPORE (Reuters) – Oil prices plunged to their lowest in more than a year on Friday, putting them on track for the biggest weekly decline in more than four years, as the rapid spread of the coronavirus stoked fears of…
0 comments Read more28FebU.S. senators unveil bill to support renewable and nuclear power, efficiency
WASHINGTON (Reuters) – The top two senators on the U.S. Senate energy committee unveiled a bipartisan energy legislation package on Thursday that would support renewable energy, efficiency measures and nuclear power, and aides said it should move quickly to a…
0 comments Read more28FebCME, Eurex rebuff calls to compensate members for losses
Blackrock and BNP want CCPs that recover from a default to reimburse members and clients Source: Risk feed
0 comments Read more28FebSonia’s share of sterling swaps tipped to hit 80% by year-end
Ahead of Monday’s convention switch, dealers already view Sonia as the primary sterling rate Source: Risk feed
0 comments Read more27FebDemocratic candidates’ drilling ban would cost U.S. economy $7 trillion: oil group
WASHINGTON (Reuters) – Banning hydraulic fracturing and halting new drilling on federal land would cost the U.S. economy $7 trillion in the next decade and kill millions of jobs, the U.S. oil industry’s main lobby group said on Thursday in…
0 comments Read more27FebThe Speed of Bank Consolidation Increases in 2019
The Speed of Bank Consolidation Increases in 2019 Author: Bobby Childs https://hubs.ly/H0nbTwP0 NXTsoft, the leading provider of data and image migrations to the financial industry, released its quarterly review of industry merger and acquisition data for the fourth quarter of…
0 comments Read more27FebPrices Down on Bearish Weather Forecast Changes and Gas Draw
Natural gas storage inventories decreased 143 Bcf for the week ending February 21, according to the EIA’s weekly report. This was less than the expected draw of 152 Bcf. Working gas storage inventories now sit at 2.200 Tcf, which is…
0 comments Read more27FebSign up to fallback protocol or face ‘serious questions’, FCA warns
UK regulator urges derivatives users to accept Isda swap fallbacks to ensure compliance with benchmark law Source: Risk feed
0 comments Read more27FebUtility energy efficiency spending and savings declined in 2018
The U.S. Energy Information Administration’s (EIA) annual survey of more than 600 electric utilities and third-party program managers shows that total inflation-adjusted energy efficiency (EE) spending and electricity savings fell in 2018 as the cost of achieving savings increased in…
0 comments Read more27FebCash clash may hit cross-border trading under IM rules
Conflicting US and EU cash reinvestment rules may force buy side to post bonds Source: Risk feed
0 comments Read more27FebGFT adds Security and Application Development specializations to Google Cloud technology accreditations
February 27, 2020 – LONDON / NEW YORK. GFT, a global IT engineering and technology firm with a strong track-record in the financial services industry, continues to boost its cloud competences: The firm now retains over 250 Google Cloud fully…
0 comments Read more27FebOil falls for fifth day on demand concerns as coronavirus spreads
TOKYO (Reuters) – Oil prices fell for a fifth day on Thursday to their lowest since January 2019 as a growing number of new coronavirus cases outside of China fuelled fears of a pandemic which could slow the global economy…
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