Energy Risk Asia Broker of the Year: GFI Group
Despite a difficult year for commodity brokers, GFI Group is demonstrating continued commitment to some of Asia’s more specialised commodity markets
Tougher regulation and the departure of many banks from commodities are causing headaches for commodity brokers. Faced with this glum backdrop, a natural reaction might be to pull out of smaller or less profitable areas. But during the past 18 months, New York-based GFI Group has demonstrated a continuing commitment to some of Asia’s more specialised markets, including iron ore, steel and Australian power and gas.
In Australia, GFI re-launched its energy desk in January 2013, having originally
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