August 2007

Another CFTC Energy Market Manipulation Charge – Marathon Oil Agrees to Pay $1 Million

Michael Giberson Tom Fowler, at the Houston Chronicle‘s NewsWatch: Energy blog, reports on the latest CFTC energy market manipulation case: The alleged manipulation occured during the so-called “Platts window,” a 30 minute interval at the end of the trading day when the energy publishing firm Platts pulls data used to set prices for other foreign …

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Stubhub Becomes Major League Baseball’s Official Online Ticket Resale Marketplace

Michael Giberson Major League Baseball has entered into a revenue-sharing agreement with StubHub, an online ticket resale marketplace now owned by eBay. Radio news program Marketplace had a brief story that was far too breezy in the introduction for my tastes: Scott Jagow: In pro sports, ticket scalping is — let’s face it — part …

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Game Fixing Episode in World Cup Quidditch

Michael Giberson There’s been a lot written about game-fixing in basketball lately, but not much about an obvious game fixing episode in World Cup Quidditch. That is to say, not much written about quidditch match fixing until now. Phil Birnbaum fills the gap at the Sabermetric Research blog. And then there was the suspicious episode …

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PJM Wants to Reorganize Market Monitoring Unit, Move On

Michael Giberson PJM Interconnection filed plans today with the Federal Energy Regulatory Commission seeking to reorganize the market monitoring function at the regional power market and transmission system operator. The proposal was filed in the form of a Offer of Settlement intended to resolve two complaints filed against PJM earlier this year. The proposal would …

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