Firm cancels regulatory licences; traders receiving payouts on equity stakes Source: Risk feed

Extreme heat and a confluence of other factors recently led the California Independent System Operator to institute rolling blackouts in order to prevent wider power system failure. With New York drastically remaking its power grid to run on 70% renewable…

I am still busy doing the analysis and writing up the Vendor Perception Report. We hope to issue it late next month and it will be a beast of a report. We had a record response and so we have…

In the United States, natural gas consumed by electric power plants (power burn) set a daily record high of 47.2 billion cubic feet (Bcf) on Monday, July 27, according to S&P Global Platts estimates. Consequently, on the same day, natural…

There have been several articles and papers published in recent days around market manipulation and surveillance, which may be of interest to readers: Energy spot markets – Equias has published this paper on “Spot Market Data Analysis in Trade Monitoring”….

SINGAPORE (Reuters) – Loadings of liquefied natural gas (LNG) cargoes from the United States are expected to be delayed as a powerful storm strikes at the heart of the U.S. oil and gas industry on the Gulf Coast, forcing several…

Finastra’s Fusion Kondor and Fusion Risk solutions will help bank to grow its financial markets division Singapore – August 27, 2020 – Finastra has helped VPBank separate its treasury operations from its legacy core banking system with Finastra’s Fusion Kondor…

A common approach to classifying tokens is needed to prevent regulatory arbitrage, UK bank argues Source: Risk feed

Oilfield activity levels have changed rapidly in response to falling commodity prices this spring. Enverus’ near real-time activity analytics, however, show a stark difference in how completion and drilling activity is responding. This has important implications for operators, oilfield service…

Think about this: A little unknown insurance company: Lacking any typical insurance rating (AB Best etc) or bona fides; Operating with a tiny (compared to established industry behemoths) marketing budget; With no active agent network; and Not any kind of…

BroadPeak Partners, the leading purveyor of K3-driven real-time exchange trade data, regulatory and surveillance reporting, is expanding its London office in response to increased European demand. The firm has appointed Henry Rhodes to oversee UK and EU sales. “There are…

Tropical Storms Marco and Laura are in or approaching the U.S. Gulf Coast region, home to key U.S. energy infrastructure, and several wildfires are affecting large areas of California and Colorado. Both the storms and fires could affect local energy…

Matt Harvey, Head of Fixed Income Execution Platforms & Digital Sales, Natwest Markets, highlights the bespoke software development we carried out for them to create the voice RFQ SCOUT. Natwest Markets needed a way to create a hybrid between voice…

(Reuters) – Spam-maker Hormel Foods Corp on Tuesday warned that it would have a hard time meeting high demand for certain products because of supply chain, staffing and production problems brought on by the COVID-19 pandemic. Hormel also said it…

Working group building standardised disclosure doc for managers and vendors Source: Risk feed

Regulators urged to take a more active role in steering buy-side firms to new benchmarks Source: Risk feed

NEW YORK (Reuters) byScott DiSavino – Crude oil prices rose to a five-month high on Tuesday as U.S. producers shut most offshore output in the Gulf of Mexico ahead of Hurricane Laura even as rising coronavirus cases in Asia and…

BroadPeak Partners, the leading purveyor of K3-driven real-time exchange trade data, regulatory and surveillance reporting, is expanding its London office in response to increased European demand. The firm has appointed Henry Rhodes to oversee UK and EU sales. “There are…

CME and Abide are shutting down their EU reporting operations. This is putting some real pressure on trading firms. As low-cost reporting destinations, CME and Abide were able to attract a large number of customers who will now have to…

Between January and early July 2020, approximately 5 billion cubic feet per day (Bcf/d) of new pipeline capacity entered service in the United States, according to the U.S. Energy Information Administration’s (EIA) Natural Gas Pipeline Project Tracker. Several of these…