|
Valid XHTML v1.0
|
Credit Risk Management in the European Day-Ahead Power Markets
belongs to Blog  , Credit Risk by Google on 2007-06-22 02:05 AM read 466 times Source: http://www.futuresindustry.org/downloads/fimag/2007/mayJu... |
|
The once clear-cut distinction between spot power trading and futures trading is becoming increasingly blurred, as spot power markets exhibit futures-like risk profiles and spot power exchanges move towards futures-style clearing, settlement, and risk management systems. As a result, we see a growing interest in spot powermarkets fromproprietary trading firms, particularly with respect to credit risk management in those markets.
This article, in a sense, examines the similarities between spot power trading and future trading by highlighting the key factors that influence credit risk management policies for major European power exchanges.
Note: Click the link below to view additional content of this Adobe PDF document.
http://www.futuresindustry.org/downloads/fimag/2007/mayJune/may-june_creditrisk.pdf
Home 
icon.
