Emissions house of the year: CF Partners
Specialist knowledge of carbon market is crucial to company's success
The early buzz around emissions trading has been little more than a faint hum in recent years. New cap-and-trade schemes have been launched in places such as California, Quebec and South Korea, but liquidity is patchy and hopes of a global market have so far been dashed. Meanwhile, the world's biggest carbon market – the European Union Emissions Trading System (ETS) – has seen a mass retreat of market-makers, particularly investment banks.
But while the market has languished, the withdrawal of
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Partnership approach pays off for TD Securities
TD outperforms in Commodity Rankings as firms seek support amid market volatility and disruption
TD scoops top slots in the 2026 Commodity Rankings
The top performer in base and precious metals rankings, TD has expansion plans for energy
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