Broker of the Year: Icap Energy

Icap Energy offers clients continuity amid regulatory challenges

Energy Risk Awards 2014

These are tough times for energy brokers. The market's middlemen have been forced to adapt quickly to new regulations governing trading in over-the-counter derivatives, including the European Market Infrastructure Regulation (Emir) and the US Dodd-Frank Act. At the same time, energy markets are suffering from reduced trading volumes, poor liquidity and a retrenchment by banks, which have typically made up a sizeable chunk of brokers' client base.

But times of great adversity are often a proving