Hedging strategy under review after losses on autocallables decimate equity trading revenue Source: Risk feed

Lifting of restrictions stopping Indian banks trading rupee NDFs allows RBI to intervene offshore Source: Risk feed

Beacon Platform is announcing our partnership with EnBW Trading, a German-based integrated energy company with customers and trading activity in European power and gas markets. Beacon is the only platform to provide source code within an integrated development and quant…

Natural gas storage inventories increased 70 Bcf for the week ending April 24, according to the EIA’s weekly report. This was slightly below the expected injection of 74 Bcf. Working gas storage inventories now sit at 2.210 Tcf, which is…

Recent declines in demand for petroleum products have contributed to record increases in U.S. commercial crude oil inventories. Transportation fuel demand has decreased as a result of reduced economic activity and stay-at-home orders aimed at slowing the spread of the…

SINGAPORE (Reuters) – Production began on Thursday at Indonesia Weda Bay Industrial Park (IWIP), a nickel project by France’s Eramet and China’s Tsingshan Holding Group. “Weda Bay Nickel Project is in the early stage of production, with total annual production…

Key facts Neobank startup Bambu chooses FIS’ next-generation core banking platform to launch mobile-only solution for the unbanked and underbanked in the U.S. FIS Modern Banking Platform’s cloud-native, modular architecture positions Bambu to bring new products to market quickly while…

Crude oil markets respond quickly and often dramatically to world events, but natural gas markets have tended to be driven by regional factors and have been less connected to the international market. Read more Natural gas markets remain regionalized compared…

An area of business activity severely impacted by lockdowns is the tradeshow and conference area. There are many events in the commodities pace during the course of a year and many have either been cancelled or postponed already. So I…

HSBC, ING join £5.75m investment round, amid claims of shrinking tech choice Source: Risk feed

MELBOURNE/SINGAPORE (Reuters) – Oil prices jumped on Thursday, buoyed by signs that the U.S. crude glut is not growing as quickly as expected and that fuel demand battered by COVID-19 restrictions is starting to pick up. West Texas Intermediate (WTI)…

US crude oil stocks posted an increase of 9.0 MMBbl. Gasoline inventories decreased by 3.7 MMBbl and distillate inventories increased by 5.1 MMBbl. Yesterday afternoon, API reported a crude oil build of 9.98 MMBbl alongside a gasoline draw of 1.1…

Fed’s credit facilities boost confidence as downgrades hit corporate bond indexes Source: Risk feed

UK working group delays Libor loan end-date to March 2021 as emergency loan scheme shuns Sonia Source: Risk feed

Crude oil producers, refiners, and other traders in the US market may explore alternatives for pricing barrels following the historic collapse and extreme volatility in the May NYMEX light sweet crude futures contract last week, according to sources. In the…

New York, New York, April 29, 2020 —  Beacon Platform, Inc. provides Stakraft with an innovative enterprise platform, which will be integrated into Statkraft´s existing models and IT systems. Beacon will capture non-standard energy contracts and perform portfolio management validation,…

Adaptive, along with Finsemble will lead a webinar on May 14th at 10am EST | 3pm BST on Micro front-ends: the future of web applications for the smart desktop. Transitioning from building business applications in native technologies like .NET and…

Equity-debt correlation breakdown and negative bond yields make investors nervous Source: Risk feed

MUMBAI/MOSCOW (Reuters) – The coronavirus outbreak is causing a rare stir in the usually staid global tea market, with labour lockdowns stifling supplies just as millions in lockdown drive up demand for the beverage known for its immunity-boosting properties. Five…

Risk-free rate sets new milestone with Crédit Agricole and Bank of China’s $10m trade Source: Risk feed