Archive for November 23rd, 2005

UK Gas Prices Keep Rising

23rd 2005f November, 2005, Peter

A further report in the FT about the rise in British wholesale gas prices:
“The price of gas for delivery in January traded as high as £1.20 a therm, according to Platts, the energy news agency. Spot prices traded as high as £1.70 a therm, up from about 31p at the start of the month.
Because gas [...]

Launching new Futures Products

23rd 2005f November, 2005, Peter

Today’s Financial Times carries an interesting article about the difficulties in launching new futures products (behind a subscription wall).
“However, there is no model template for launching contracts. ICE Futures, the former International Petroleum Exchange, needed three attempts before it launched a successful Brent crude futures contract.”
The most common challenge is convincing potential [...]