True story.   My college friend Ed.  Maybe I shouldn’t use his real name….meh, his name is Ed.   Anyway, back in the day Ed was a floor  trader on one of the Chicago exchanges.   A far cry from today’s…

BOSTON (Reuters) by Svea Herbst-Bayliss – More than 135 investors managing more than $2 trillion are forming a coalition to push Exxon Mobil Corp into making sweeping changes including refreshing its board and focusing more on energy transition, people familiar…

Chief Executive OfficerSimon Wheeler has been Energy One’s European CEO for just over two years, relocating from Australia to the UK after the Energy One acquisition. He is responsible for overseeing European operations at both Contigo and eZ-nergy. Simon is…

Swedish regulator reveals CCP’s decision to keep defaulted power portfolio – and claims it was not fully hedged Source: Risk feed

Responses to the coronavirus disease (COVID-19) caused global demand for petroleum products to fall significantly in 2020. The U.S. Energy Information Administration (EIA) estimates that the world consumed 92.2 million barrels per day (b/d) of petroleum and other liquid fuels…

The Biden administration’s recent actions represent a 180 degree turn by the USA on carbon. However, the juggernaut that is Environmental, Social and Corporate Governance (ESG) has been traveling sometime and has built quite a head of speed already. The…

Technical clarification allows subsidiary capital to be assigned as funding for consolidated group Source: Risk feed

Thomas Carroll, an insurance broker, has appointed Rob Farquharson as head of credit and surety, a newly created role. Farquharson has 18 years’ experience in the trade credit and surety market. He joins from Parker Norfolk, where he was director…

BEIJING, Jan. 28, 2021 /PRNewswire/ — Surging imports of liquified petroleum gas (LPG) to China have prompted energy and commodity price reporting service Argus to launch new indexes for propane and butane delivered at eastern China’s port of Ningbo. China has become the largest consumer of LPG in…

When will blockchain finally break through? Still very much in early adopter stage and a chasm yet to breach before gaining wider acceptance, most blockchain initiatives remain stuck in pilot and POC mode. I asked Jacob Ninan, co-founder and Director…

The timing and magnitude of wind turbine installations in the United States are often driven by tax incentives. The U.S. production tax credit (PTC), a per-kilowatthour (kWh) credit for electricity generated by eligible renewable sources, was first enacted in 1992…

New offering with Third Economy rapidly accelerates corporate and institutional ESG strategies. To better help companies and investors enhance their Environmental, Social and Governance (ESG) programs, Broadridge Financial Solutions, Inc. (NYSE:BR), a global Fintech leader,… Broadridge Financial Solutions Source: Bobs Guide Latest…

Broadridge, a global Fintech leader, in partnership with The Depository Trust & Clearing Corporation (DTCC), has begun development to support its role as an Approved SFT Submitter as it prepares for the launch of the new Securities Financing Transaction (SFT) Clearing service….

Vague rules leave managers unsure which categories to apply to their funds Source: Risk feed

As UK mulls negative rates, banks desert Isda protocol and traders warn of gaming the system Source: Risk feed

The Trump administration used its final days in office to introduce a slew of new sanctions on a network accused of brokering the sale of prohibited Venezuelan crude oil to buyers in Asia. Three individuals, 14 entities and six vessels…

As the Chinese currency continues to perform strongly against the dollar, large corporates trading into and out of China are reportedly looking to ramp up their use of yuan-denominated trade finance products. Yet concerns remain over the potential impact a…

Murex, the global leader in trading, risk and processing solutions for capital markets, is very proud to announce one of its own leaders, Chief Marketing Officer Stella Clarke, has been named as a top woman software executive by a leading sector specialist… Murex Source: Bobs…

Swedish regulator’s fine poses serious questions over default management and margining, while providing few answers Source: Risk feed

we.trade, a blockchain-based platform for open account trade, has entered a strategic alliance with CRIF, a provider of credit bureau and business information, outsourcing and processing services, as part of a successful €5.5mn capital round. Last year, the platform’s financial…