How Forward Curve Tools Manage Higher Volatility and Illiquid Markets

In many markets, information concerning forward prices is not available, making the direct modeling of forward curves a difficult task. With derivatives usually written on forward contracts and based on average prices of forward contracts, it is difficult to obtain analytical expressions for forward curves. Because of recent price volatility, organizations are increasingly looking to […]

ZE at MDA EarthSat Weather’s Annual Conference in Las Vegas

As hurricane sandy reminded us recently, weather events can wreak havoc on the best laid plans and trading strategies. It also highlighted the importance of integrating weather forecasts and models into risk, trading and operational plans. I recently had the opportunity to get a glimpse first hand into the significance and limitations of these forecasts. […]