Natural gas - US: UBS

UBS's significant presence in the US physical gas markets, combined with its financial expertise, gives it a distinct advantage when tailoring client solutions, the company believes.

"UBS believes the energy trading space will require top market makers to construct innovative structured transactions that bridge physical energy supply/offtake with risk management derivatives, all in a vehicle that may require the structuring party to extend its balance sheet and/or credit rating," says Mike Cu