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Golden Cross House, 8 Duncannon Street, WC2N 4JF, LONDON, UK
Tel: +44 20 7484 5327, Fax: +44 20 7484 5167 Email: tradingdesk@geminimarkets.com |
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Energy Volatility Update - Feb 2012
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Six month change
Energy Volatility Update - Jan 2012
Near Contract Implied Historical Underlying Value Dec 12 CER +29.63% +41.69% -50.87% Dec 12 EUA +25.79% +25.43% -36.55% Coal N/A +6.51% -22.69% One month change Near Contract Implied Historical Underlying Value Dec 12 CER -1.25% +0.03% +15.09% Dec 12 EUA -1.16% -0.26% +6.47% Coal N/A -1.20% -4.51% ------------------------------------------------------------------------------ ![]()
Six month change
Energy Volatility Update - Dec 2011
Near Contract Implied Historical Underlying Value Dec 12 CER +36.02% +50.85% -56.99% Dec 12 EUA +30.40% +25.73% -36.04% Coal N/A +6.02% -18.78% One month change Near Contract Implied Historical Underlying Value Dec 12 CER +2.29% -7.74% -7.35% Dec 12 EUA -1.31% -5.86% +9.84% Coal N/A +4.76% -8.14% ------------------------------------------------------------------------------ ![]()
Six month change
Energy Volatility Update - Jan 2011Near Contract Implied Historical Underlying Value Dec 11 CER +29.91% +27.44% -61.95% Dec 11 EUA +29.91% +27.44% -47.38% One month change Near Contract Implied Historical Underlying Value Dec 11 CER +8.15% +37.76% -23.69% Dec 11 EUA +7.02% +26.80% -16.25% ------------------------------------------------------------------------------ ![]()
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May 2010 ![]()
EMISSIONS RESEARCH - VIRTUAL POWER PLANTS
May 2010 ------------------------------------------------------------------------------ ![]()
STRATEGIES OUTPERFORMANCE SUMMARY
Energy Volatility Update - Feb 2010 1. WRITING A COVERED STRIP OF DAILY CDS CALLS 2. WRITING A COVERED STRIP OF DAILY CDS PUTS 3. BUYING A PROTECTIVE STRIP OF DAILY CDS PUTS 4. BUYING A STRIP OF DAILY CDS CALLS MARKET ASSUMPTIONS ANNEX: CDS OPTION TERM SHEET ------------------------------------------------------------------------------ ![]()
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Feb 2010![]()
EMISSIONS RESEARCH - ENHANCING CLEAN POWER SPREADS
Energy Volatility Update - Jan 20101. REDUCING COSTS FOR COAL 2. REDUCING COSTS FOR GAS 3. DYNAMIC HEDGING FOR LIGNITE 4. DYNAMIC HEDGING FOR UK COAL 5. REDUCING COSTS FOR UK GAS ------------------------------------------------------------------------------ ![]()
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Energy Volatility Update - Sept 2009![]()
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Sept 2009![]()
EMISSIONS RESEARCH - ENHANCING THE CLEAN DARK SPREAD
MARKET ASSUMPTIONS
Energy Volatility Update - Feb 20091. REDUCING COSTS 2. SECURING FUEL DELIVERY AND COMPLIANCE 3. CAPPING COSTS 4. SECURING DELIVERIES AND REDUCING COSTS 5. DYNAMIC HEDGING 6. CONTRACT SPECIFICATIONS ------------------------------------------------------------------------------ ![]()
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Feb 2009![]()
EMISSIONS RESEARCH - DERIVATIVE STRATEGIES
Energy Volatility Update - Jan 2009 FOR UTILITIES 1. INTRODUCTION 2. MARKET ASSUMPTIONS 3. CARBON SPREAD OPTIONS 4. COMPLIANCE STRATEGIES ------------------------------------------------------------------------------ ![]()
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Dec 2008
EMISSIONS RESEARCH - CARBON DERIVATIVES
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AN ALTERNATIVE TO THE CER-EUA SWAP
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CONSIDERING VALUE IN CER CALL OPTIONS
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PUTS AND PUT CALL COMBINATIONS FOR UTILITIES
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CARBON SPREAD OPTIONS
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CARBON, COAL, GAS, OIL AND ELECTRICITY FUTURES
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REVIEWING THE EUA-CER SPREAD: A CARBON SPREAD OPTION APPLICATION
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CDM PROJECTS: MANAGING PRICE RISK AND FUNDING WITH OPTIONS
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CARBON SWAPS AND SWAP OPTIONS: CONSIDERING THE OPTION TO SWAP CARBON ASSETS
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VOLATILITY IN THE CARBON AND ENERGY MARKETS
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Gemini Markets Ltd. (GML) has significant expertise
in the following areas: • Derivative structuring and broking • Physical Commodity Origination • Physical Commodity Asset Consulting • Bespoke Commodity and Derivative based research GML draws from its substantial network of contacts worldwide to connect producers of commodity products with manufactures and other cargo receivers (end users). With a proven track record in commodity derivative markets, GML also provides its clients with strategies to mitigate trading and price risk by enhancing positions efficiently. |
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» Chrome Ore
» Manganese Ore » Vanadium » Copper » Zinc » Gold » Steel |
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