Energy Risk Asia Awards 2023: The winners
Winning firms demonstrate resilience and robust risk management amid testing times
The winners of this year’s Energy Risk Asia Awards successfully navigated some of the most extreme and challenging conditions ever experienced in commodities markets. Over the past year, price volatility, economic uncertainty, inflation, rising credit risk and supply chain disruption have threatened the businesses of energy producers and consumers alike.
Our award winners stand out for their ability to continue offering first-class risk management products and services, in many cases providing much-needed financing, credit and market liquidity in a time of crisis.
Conducted annually, the Energy Risk Asia Awards recognise and honour firms with a presence in Asia that have demonstrated the very best practices in energy risk management over the previous 12 months. With commodities markets at the intersection of many trends, including increased geopolitical risk, long-term climate risk and advancing technology, award winners need to demonstrate not only optimal risk mitigation skills but also creativity and innovation in adapting to change and grasping new opportunities.
Taken together, our winners showcase some of the very best in innovative thinking that is helping shape the energy markets across Asia for years to come.
Derivatives house of the year
Macquarie Group
Corporate risk management of the year
Kuwait Petroleum Corporation
Market-maker of the year
Theme International Trading
Commodity broker of the year
BOCI
Commodity exchange of the year
Shanghai Futures Exchange and INE
OTC trading platform of the year
Shanghai Futures Exchange
Commodity and energy finance house of the year
Societe Generale
Environmental products house of the year
Macquarie Group
Climate risk manager of the year
VP Bank
Climate risk advisory firm of the year
Baringa
Commodity trade finance house of the year
Macquarie Group
Oil and products house of the year
BOCI
Natural gas/LNG house of the year
Macquarie Group
Electricity house of the year
ENGIE
Emissions house of the year
Macquarie Group
Iron ore house of the year
Theme International Trading
Base metals house of the year
BOCI
CTRM software house of the year
ION Commodities
Commodities technology house of the year
EKA Software Solutions
One to watch
Energy One
Commodity research house of the year
Macquarie Group
Innovation of the year
Shanghai Futures Exchange
Newcomer of the year
Vanir Global Markets
More on Awards
Derivatives house of the year: ENGIE
With more than 200 clients across 13 countries in Asia, ENGIE combines deep experience of physical energy markets with cross‑commodity derivatives expertise
Natural gas/LNG house of the year: ENGIE
ENGIE stood out in the Apac gas markets with long‑term contracting activity and continued participation in the Japan Korea Marker benchmark
CTRM software house of the year: Topaz Technology
Topaz Technology’s risk and valuation platform can be used on a standalone basis or integrated across customers’ existing CTRM systems
Precious metals house of the year: Marex
Despite unprecedented market volatility, Marex remained committed to pricing risk across spot, forwards and swaps
Newcomer of the year: Abaxx Exchange
Abaxx Exchange traded more than 1.5 million contracts in Q3 2026 and has launched 18 futures across energy, battery materials and metals
Energy Risk Asia Awards 2026: The winners
Winning firms showcase exemplary risk management skills and services in tumultuous times
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