Electricity house of the year: Citi
Bank continues to provide liquidity despite tough markets and extreme weather
The past 18 months have been challenging for power market participants in North America. With some dealers having retreated as a result of capital constraints and increased regulation, liquidity became relatively scarce. Meanwhile, the polar vortex that swept into the US in early 2014 gave rise to wildly fluctuating prices.
The volatility was most marked between January and March last year, with many market-makers pulling back and a wide gap opening between bids and offers. But despite this
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
