Koch smooths volatile waters

Koch has marketed the first energy volatility swap in a deal with hedge fund Centaurus, a move the oil trader hopes will increase its share in options marketsand attract more hedge funds to the energy business. JamesOckenden reports

koch-hq-7242-large-jpg
Wichita, Kansas: the welcome sign at the airport proclaims it to be “thehome of aviation”. The tiny airport notwithstanding, the city has indeedseen some impressive names from the flying business set up shop there: Cessna,Lear, Beech and Raytheon, to name a few.

Wichita can also boast some history with regard to the energy business. On theoutskirts of the city, surrounded by cornfields, lies the headquarters of KochIndustries, which traded the first ever oil swap – through Chase Manhattanbank

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here