Steve Leppard
Steve Leppard is senior strategist at Gaselys
Articles by this Author
Getting physical
- By Steve Leppard
- Published 10/11/2007
- Trading strategies
- Unrated
Keywords:
Published in: Energy Risk
Publication year: 2004
Asset-backed trading strategies usually employ a combination of physical positions, which are subject to physical risk; and financial hedging intruments, which are not. Here, Steve Leppard shows how value-at-risk, applied to this combined risk scenario, can go a long way towards the thorny issue of hedging physically risky power generation assets.
Published in: Energy Risk
Publication year: 2004
Asset-backed trading strategies usually employ a combination of physical positions, which are subject to physical risk; and financial hedging intruments, which are not. Here, Steve Leppard shows how value-at-risk, applied to this combined risk scenario, can go a long way towards the thorny issue of hedging physically risky power generation assets.