EMIR Trade Reporting Start Delayed 3 months
The new footnote on the ESMA EMIR page may imply a further delay to The first reporting date (of IRS and CDS) , to November, which would have a knock…
Another gas market manipulation story
The Guardian ran another story on Friday on gas price manipulation, which can be seen here. It relates to allegations that during the recent cold winter, participants held back gas…
Paper from Global Energy Advisory on the cashflow impacts of EMR and EMIR
Global Energy Advisory have just issued their latest white paper on the cashflow impacts of EMR and EMIR on the energy industry. It can be downloaded from here.On the EMIR side, it does raise the question about…
Another Oil Index Manipulation Article
Another article from Reuters on the oil index manipulation story here. They reproduce the questions that the European Commission are asking.
“Safe and Profitable Markets?” article by Bill Hodgson
Bill Hodgson of theotcspace.com has written a thought provoking article about whether rules such as EMIR and Dodd Frank really achieve their objective of reducing systemic risk. The article is…
Updated FCA Page on EMIR Trade Reporting
The UK Financial Conduct Authority have updated their page on EMIR trade reporting here. Some interesting points: The first reporting date (for IDS and CDS) is on 23rd Sept. They still expect the rest of…
EMR Debate in Scottish Parliament
You can watch a debate on the UK Electricity Market Redesign (EMR) that took place last week in the Scottish Parliament here.
EMIR extraterritoriality deadline ‘unrealistic
Interesting developments here on the EMIR extra territoriality rules and the DG Internal Markets and Services view on ESMA's timetable. The clearing picture for energy traders thus becomes even harder…
EEX Transparency Platform
In case you missed it, EEX have announced more Swiss users of its transparency platform, which will be one of the REMIT Regulated Information Services (RISs). The announcement is here (English is after the German part).It is interesting to see RIS announcements in…
Good index manipulation piece
Bloomberg have put up this story on the emerging oil index price investigation.