BEAMSTART Logo

EU casts doubt on ability to intervene in energy derivatives markets

Financial Times LogoFinancial Times2 mo ago

EU casts doubt on ability to intervene in energy derivatives markets - Financial Times

Quick Summary:

One EU diplomat said any intervention needed to be made with caution.“Let’s not spill over from energy markets into financial markets,” they said.

Verena Ross, chair of Esma, told the FT that the agency was looking at clarifying existing rules or providing more flexibility on eligible collateral like EU sovereign bonds, bank guarantees or emissions allowances.

It additionally asked the agency if the standards that triggered circuit breakers needed to be harmonised so that markets that were often interlinked, like gas and electricity, would react in a unified way.


More Pictures


or

Article Details

Author / Journalist: Alice Hancock

Category: MarketsFinanceInvesting

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-09-22 @ 18:00:15 (2 months ago)

News Timezone: GMT -5:00

Ranking: #864 (out of 3199 stories this day)

News Source URL: ft.com

Language: English

Article Length: 761 words

Reading Time: 5 minutes read

Sentences: 26 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Financial Times

News ID: 475561

View Article Analysis

About Financial Times

Financial Times Logo

Main Topics: MarketsFinanceInvesting

Official Website: ft.com

Update Frequency: 18 posts per day

Year Established: 1888

Headquarters: United States

News Last Updated: 11 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #3

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "EU casts doubt on ability to intervene in energy derivatives markets" has 761 words across 26 sentences, which will take approximately 4 - 7 minutes for the average person to read.

Which news outlet covered this story?

The story "EU casts doubt on ability to intervene in energy derivatives markets" was covered 2 months ago by Financial Times, a news publisher based in United States.

How trustworthy is 'Financial Times' news outlet?

Financial Times is a fully independent (privately-owned) news outlet established in 1888 that covers mostly markets, finance, and investing news.

The outlet is headquartered in United States and publishes an average of 18 news stories per day.

It's most recent story was published 11 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
  • News ID: #475561
  • URL: https://beamstart.com/news/eu-casts-doubt-on-ability-16638710909672

BEAMSTART brings you the latest news, jobs, and events from all around the world on startups, technology, and business. Stay updated with industry news, plug-in to exciting events, and discover incredible career opportunities with the world's most innovative companies.

© Copyright 2022 BEAMSTART. All Rights Reserved.