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 […]
If you’re a participant in energy and commodities markets, you likely have to deal with numerous curves on a daily basis; these curves are often stored in Microsoft Excel (Excel). To complete certain job tasks, you must frequently compare curves for different products and time periods. However, you encounter difficulties each time you compare curves, […]
A common challenge experienced by many market participants is the effort it takes to manage different contract lengths for the same commodity when building forward curves. Forward curves, a series of sequential prices either for future delivery of an asset or expected future settlements of an index (Platts), trade on a daily, weekly, monthly, quarterly […]
Imagine you’re a trader working on a number of different analyses of the energy market every day. Part of your analyses involves the creation of forward curves, before pushing them onto a database and using them in a downstream system. A lot of the job involves copying and pasting content from one spreadsheet to another – […]
ZE PowerGroup, Inc. announced that Glencore Energy has selected ZEMA to support their Risk Management and Trading activities. The ZEMA data management and analysis solution will enable Glencore to capture, centralize and validate their market data across numerous asset classes, starting with oil and gas, and potentially adding metals and soft commodity markets. The implementation […]