Market risk
Energy Risk Awards 2014
The Energy Risk Awards recognise excellence throughout the global commodity markets. You can read all the details of the winning companies by clicking the links found in this page
Newcomer of the Year: Atlantic Brokers
Having started from scratch in February 2013, London-based Atlantic Brokers has managed to grab an impressive market share in European physical and financial coal
Broker of the Year: Icap Energy
New rules and client malaise are posing challenges for energy brokers, but Icap Energy has delivered continuity in terms of quality of execution and the way it has handled regulatory change
Energy Finance House of the Year: SG CIB
Societe Generale Corporate and Investment Banking has enjoyed a big 18 months in energy finance, completing a swath of bumper-sized transactions
Exchange & Clearing House of the Year: EEX & ECC
The European Energy Exchange and European Commodity Clearing are positioning themselves for growth in their core markets, but also for fresh opportunities much further afield
Weather House of the Year: Swiss Re
Swiss Re has continued to innovate in weather risk management during the past year, playing a key role in a landmark hydropower transaction with the World Bank
Consultancy of the Year: Baringa Partners
Baringa Partners continues to carry out valued work with top-flight clients in energy and is also proving successful at breaking into the broader commodity trading sector
ETRM Software Advisory House of the Year: Structure
Structure’s expanded strategic advisory services are adding new breadth and insight to its thriving ETRM software advisory practice
Emissions House of the Year: Element Markets
Element Markets is seeking to provide clients with help navigating the dense thicket of North American environmental commodity markets
Technology House of the Year: TriOptima
Emir and Dodd-Frank are pushing energy companies towards an increasing use of portfolio compression and reconciliation services – a trend that is benefiting TriOptima
Natural Gas House of the Year: Koch Supply & Trading
With a swift launch in European gas and global LNG, oil heavyweight Koch Supply & Trading becomes a global player in natural gas
Oil & Products House of the Year: BNP Paribas
BNP Paribas is holding the course in oil and refined products, as other banks abandon the commodities market
Deal of the Year: BP
Moving quickly, BP managed to salvage Iona Energy’s North Sea acquisition with an innovative crude oil options transaction
Research House of the Year: Marex Spectron
The increasing prevalence of financial trading in commodities means there is a need for innovative technical analytics, which broker Marex Spectron has done well at providing
Energy Risk Manager of the Year: GDF Suez Trading
As banks retreat from commodity market, GDF Suez Trading is expanding its risk management business and broadening its geographic reach
Electricity House of the Year: Citi
Despite cutbacks and withdrawals among banks and large utilities, Citi has seen its commitment to the power market matched by strong revenue growth in the past 18 months
Derivatives House of the Year: Citi
While other banks are nervously pulling back from commodity and energy derivatives trading, Citi is boldly pushing ahead
Quants: how they shaped the modern energy market
Nowadays, quants are well established in energy trading. But the original introduction of quantitative techniques to the industry was far from straightforward, with a lot of hard work involved in adapting financial market models to the energy arena…
Tradition’s Pinchin looks back on successes and failures
David Pinchin, co-founder of Tradition Financial Services, speaks to Stella Farrington about his 30-year career in derivatives markets and how it informs his more recent work with disadvantaged youths
JP Morgan and Mercuria reveal post-transaction plans
Icap Energy chief Newman steps down; PetroChina hires products head; BAML makes commodities hires; E.on recruits Barclays power and gas head; Evolution launches US power desk
The hidden revolution in real-world monitoring
With more data available to us than ever before, harvesting, consolidating and transforming it into actionable insight has become Thomson Reuters’ mission, as discussed in this sponsored feature by Leigh Henson, global head of energy, and Stefan…
Energy firms ponder Mifid exemptions and position limits
A consultation by the European Securities and Markets Authority is being closely scrutinised for answers on how a revamped Markets in Financial Instruments Directive will affect commodity trading companies
Unfinished rules likely to cause continued hedging woes
Post-crisis financial legislation is generating deep uncertainty for industry participants, making life difficult for companies that rely on commodity markets as a vital way of managing their risk
Carbon reform may be shaken by European Parliament vote
Proposals designed to address the problem of oversupply in the EU ETS – including the EC’s proposal for a market stability reserve – are likely to become harder to pass thanks to recent elections, say analysts