Newcomer of the year: Huntington Bank
Regional bank’s commodity hedging desk flourishes amid retreat of larger dealers
Setting up a bank commodity desk from scratch is an impressive feat at the best of times. To do it against a backdrop of heightened scrutiny over banks' commodities businesses and regulation such as the US Dodd-Frank Act is even tougher. But since launching its commodity hedging and risk management desk in January 2013, Columbus, Ohio-based Huntington Bank has seen its trading volumes soar. It can also boast a clutch of enthusiastic commodity hedging clients.
During 2014, the desk's trading
More on Awards
Market-maker/liquidity provider of the year: DV Commodities
Energy Risk Awards 2026: Commodity trader stands out for breadth of coverage, registering record volumes during recent crisis events
Deal of the year: ENGIE and Return’s virtual FPA
Energy Risk Awards 2026: Virtual battery portfolio deal provides a template for scaling battery storage across Europe
Risk management is key in this unpredictable environment
With energy markets upended by crisis after crisis, the best strategy is always to be hedged against extremes
Precious metals house of the year: RBC Capital Markets
Energy Risk Awards 2026: Bank’s physical capabilities enhance precious metals offering amid extreme volatility
Commodity broker of the year: Marex
Energy Risk Awards 2026: Breadth, reach and balance sheet help Marex stand out in volatile markets
Environmental products house of the year: Marex
Energy Risk Awards 2026: Marex sees opportunity for environmental commodities in the latest energy crisis
Oil and products house of the year: Macquarie Group
Energy Risk Awards 2026: Bank’s physical oil capabilities allow it to create vital flexibilities for clients facing tumultuous markets
Natural gas/LNG house of the year: Macquarie Group
Energy Risk Awards 2026: In rapidly shifting gas market, bank’s wide physical activity helps clients unlock crucial optionality