Texas’ energy infrastructure, despite being warned after the 2011 freeze about the critical vulnerability of our fuel supplies and power supply system, found itself frozen from a cold weather event that no one thought likely … or even possible. Our…

(Reuters) – A winter storm that hit parts of the southern United States over the past week led several energy companies to report stronger-than-expected results after they were called on to provide more power at higher prices, while others faced…

The events of the last week in the Texas ERCOT market area have become fodder for every conceivable agenda, viewpoint, and argument, including political, environmental, and even cultural debates.  Unfortunately, few of these arguments have been supported by facts –…

Advisory committee unable to agree steps on margin period of risk, model transparency Source: Risk feed

Key facts: FIS Unity was named Best Technology Platform for Family Offices at the 2021 Private Asset Management (PAM) Awards. FIS was also recognized as Best Family Office Service Provider – New Innovations for its wealth management solutions. JACKSONVILLE, Fla….

Significant demand for natural gas in mid-February led to the second-largest reported withdrawal of natural gas from storage in the United States, according to the U.S. Energy Information Administration’s (EIA) Weekly Natural Gas Storage Report (WNGSR). Weekly stocks fell by…

Demand driven mainly by French life insurers looking for alternatives to low-yielding sovereign bonds Source: Risk feed

We are delighted to announce that Adaptive Financial Consulting (“Adaptive”) won the Best Cloud-Based Trading Environment at the TradingTech Insight Awards Europe 2021. We worked with BrokerTec to design and build a bespoke electronic trading solution for capital markets firms…

London – UK, 25 Feb 2021 Igloo Trading Solutions a leading provider of smarter ETRM solutions for the European energy market announced today that Ignitis Polska have gone live with its cloud ETRM platform, for European power and gas trading….

The past weeks have seen a great deal of news around possible market manipulations, price spikes and other potentially abusive activity. Here we summarise a few of interest: The recent cold weather in Texas has led to power outages as…

Compass Plus has become the first company in Russia to test Oracle’s newest cloud infrastructure update – successfully completing the stress testing of its cloud-native open development payments platform, TranzAxis, using the new Oracle Exadata Cloud Service X8M.  As part…

In the latest episode of the GTR News Brief, host Felix Thompson gives a breakdown of recent major stories in trade and trade finance news as covered by GTR. Scandal-hit oil trader GP Global is seeking court intervention to stop creditors in Singapore…

Lack of clearing mandate and settlement wrangles mean demand for putative service remains weak Source: Risk feed

Muted demand dents China’s hope for repo fixing to become debt market’s benchmark of choice Source: Risk feed

Digital trade finance provider Modifi has acquired PrimaDollar’s SME-focused export finance business, as PrimaDollar looks to focus more on larger customers of its supply chain trade finance product. In a joint announcement today, Berlin-headquartered Modifi says it has snapped up…

Assay management is a crucial and complex aspect of metals trading. Concentrates in particular depend heavily on properly managing assays, and in the commodity management/CTRM space, concentrates are recognised as one of the most challenging commodities for software to support….

The decline in global goods trade volumes caused by the Covid-19 pandemic appears to have been less drastic than predicted by the World Trade Organization (WTO) in late 2020, with export growth in Asia during the second half of the…

The annual GTR Mena event returned (virtually) on February 15-17, to reflect on an eventful year for global trade and developments in the Middle East and North Africa. The event saw players from across the trade ecosystem join to discuss a wide…

HSBC has hired Celine Herweijer as group chief sustainability officer, reporting directly to Noel Quinn, HSBC’s group CEO. She joins from PwC, where she most recently served as global innovation and sustainability leader, driving the consulting firm’s strategy and partnerships…

Pressure is growing for UK and US companies to move supply chains out of Xinjiang following recent measures by both governments to crack down on imports of goods linked to the Chinese region. However, analysts suggest that switching to new…