In what many have described as a difficult trading year, Risk magazine recognises those institutions that have responded to market conditions by structuring solutions that have best met the needs of their clients. By Nick Sawyer, Christopher Jeffery, Navroz Patel, Rachel Wolcott, Alexander Campbell, Gareth Gore, Jayne Jung, Mark Pengelly, Anna Gordon-Walker and Clive Davidson.

Last year was not easy for the derivatives markets. Credit spreads continued to grind tighter, yield curves flattened

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