Dodd-Frank Position Limits – A year of living dangerously
As the first anniversary of Dodd-Frank position limits approaches, we reflect on the prospect of enforcement by the CFTC and the many challenges energy and commodity trading firms continue to face in effectively managing this risk.
European Energy Markets in Turmoil – What does this mean for compliance monitoring in power and gas markets?
European power and gas markets are in a state of unprecedented turmoil given disruption to supplies of Russian gas and the ongoing outages in France’s nuclear generation fleet. So severe is this turmoil that many are questioning whether the market itself is still viable and its long-term survival is not guaranteed. So far however, European politicians have not seriously contemplated extreme measures such as the wholesale suspension of the market but even the less invasive measures currently being debated are still likely to have a significant impact on the overall market structure and how firms trade power and gas. But what does this mean for compliance, and in particular those who are tasked with monitoring their traders’ activity for market abuse under REMIT1 and MAR2?
Innovation Through Fintech Partnership: CubeLogic & Numerix
How the Accelerating Pace of Technology Innovation Is Spawning Breakthroughs in Capital Markets Solutions Can 2022 be the year of fintech partnerships? A perfect storm of conditions is brewing that will make strategic collaborations the right solutions for the right...
Position Limits – are they coming or going?
There has been a lot of news recently about changes to the US and European Position Limit regimes for commodity derivatives. If you haven’t been following these developments closely, where exactly do things stand and what do they mean for energy and commodity trading...
A billion reasons to review your market abuse controls
Wednesday 30th September 2020 - If the last six weeks is anything to go by you could be forgiven in thinking that the US Regulatory Authorities are on the warpath to stamp out market abuse in metals markets. Yesterday the Commodity Futures Trading Commission (CFTC)...
ESG Investing: Putting your money where your value is
Who watched Sir David Attenborough’s Extinction: The Facts? If you did then you might be thinking a bit more about how you can do your part to help our planet. Whether lack of biodiversity is partly to blame for Coronavirus is not for me to say but there is absolutely...
“Excellent, courteous communication throughout; consistently the best vendor support we receive.”
For years, all industries have been talking about digital transformation but the recent events arising from COVID-19 have forced many firms to rapidly adopt new cloud technologies. Every day there are articles talking about 'The new normal’ and how the way we work...
Getting to know Alexandra Dediu, CubeLogic Business Consultant
At CubeLogic, our technology is the fundamental platform on which we have built a successful business. But despite some people believing that ‘tech will steal our jobs’, our team at CubeLogic is what really makes us different. This series of blogs will allow you to...
Record REMIT penalty forces a transaction surveillance rethink
In April the UK energy regulator sent a shockwave through the market by announcing a record £47.8 million fine (1) for a UK-based power generator for market manipulation under Article 5 of REMIT. While the final penalty was reduced to £37.2 million ($46 million), both...