It seemed that with their acquisition by ICE, Yellow Jacket had gone very quiet, almost dormant, other than their weather derivatives business. However, this morning, they’ve issued a new press release detailing a new product, YJ Block, which they describe as “an automated block-trade function that supports broker execution and submission of cleared over-the-counter […]

While Triple Point has recently released a raft of announcements noting multiple sales of products derived from their acquisition of INSSINC earlier this year; according to the rumor mill, they are not talking about what would be the largest license deal in the history of the ETRM/CTRM market.
According to multiple sources, the company has closed […]

Russia, Iran and Qatar are moving to create an OPEC-like consortium for natural gas. While the Qatar and Russian representatives say the “gas triorka” is not intended to set global prices for natural gas, the Iranian representative to the group, Oil Minister Gholamhossein Nozari, has said, “There is a demand to form this gas […]

UtiliPoint International is conducting research to examine the impacts of the recent and ongoing market shifts on companies participating in evolving commodity markets, particularly as they apply to the physical players in the market. Additionally, we’re looking at the impacts to the ETRM/CTRM software used to manage transactions in this volatile environment.
Based upon […]

Allegro just announced a new enhancement to their product offering, one that moves them ahead of the competition in terms of fully integrating the major electronic exchanges (22 exchanges in total) directly into their system. As they say in their press release…
“This latest enhancement of the ExchangeConnect component provides two-way exchange connectivity (view and […]

UBS is the latest victim of the ongoing credit crisis. The company announced earlier today that they are shutting down their softs and energy commodity trading groups, sending several hundred traders and support folks to the unemployment line. This shut down is somewhat ironic in that UBS was the company that came in […]

UtiliPoint IssueAlertPatrick Reames
Energy Trading and Risk Management (ETRM) software providers have been enjoying considerable success over the last several years. With a market buoyed by higher commodity prices, high levels of volatility, new regulation and reporting requirements, and new market entrants, software vendors have been making some serious hay. These companies have been […]

Mid-American Energy just announced that they will acquire Constellation Energy for $26.50/share. Constellation, which had traded at almost $108/share in January of this year, had been seeking a life-line for several days as its credit was being downgraded. This is a company that had revenues of around $8 billion in wholesale power trading […]

With the failure of Lehman Bros., their energy trading group, Eagle Energy, is facing its own meltdown. Eagle, which was bought by Lehman in 2007, is being pounded by the fallout of having their credit tied to that of Lehman. Those that are selling gas to Eagle are canceling deals and those that […]

OPEC declared yesterday that crude prices were too low and that they were going to cut production to ensure that their various despotic leaders could continue to exercise their favorite hobbies of driving Bentley’s and oppressing their citizens. Their flawed logic maintains that cutting production would drive up prices and produce more revenue - […]