Exchange of the Year: Nodal Exchange
When it comes to commodity exchanges, Nodal Exchange is not a household name. But within US power markets, it has gained notable recognition in its brief history as a company.
Trading electricity has always been a tricky proposition compared to the trading of other energy commodities, as the impossibility of large-scale power storage and the physical limitations around transmission mean there is greater volatility and more locational basis risk. Nodal wins our Exchange of the Year award for its
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A consistent view of risk across the organisation
Beacon by CWAN is a unified platform that spans the full investment lifecycle – from trading and modelling to accounting and regulatory reporting
Murex focuses on speed and integration
Murex’s ability to understand and meet its customer needs is reflected in this year’s rankings, receiving multiple first places across C/ETRM software providers
Energy Risk Commodity Rankings 2026: adapting to structural change
The 2026 Commodity Rankings reveal the dealers and brokers chosen to steer firms through rapid and structural change
Environmental products house of the year: ENGIE
Energy giant signs raft of forward-thinking environmental deals in Apac
Newcomer of the year: Marex
Commodities and financial services firm expands rapidly across Apac region, entering multiple new markets
Voluntary carbon markets house of the year: Marex
Marex’s support of mangrove projects provides high-quality credits for clients and socio-economic benefits for local communities
OTC trading platform of the year: Marex
Marex’s Agile platform registers impressive volume and client growth in Asia
Technology advisory firm of the year: KWA Analytics
With a focus on strategy and scalability, KWA Analytics improves clients’ operations in Japanese power, biofuels and certificates