Calculating coupons based on compounded Sonia was “a real nightmare” for some Source: Risk feed

Redress scheme for victims of post-Libor valuation change may fail due to “cherry-picking” fears Source: Risk feed

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…

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….

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…

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…

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…

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…

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…

Blackrock and BNP want CCPs that recover from a default to reimburse members and clients Source: Risk feed

Ahead of Monday’s convention switch, dealers already view Sonia as the primary sterling rate Source: Risk feed

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…

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…

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…

UK regulator urges derivatives users to accept Isda swap fallbacks to ensure compliance with benchmark law Source: Risk feed

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…

Conflicting US and EU cash reinvestment rules may force buy side to post bonds Source: Risk feed

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…

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…

Coronavirus outbreak and recession fears triggered frenzied trading in USD/JPY options Source: Risk feed