Energy and commodities voice broking will never die

OTC markets may be under siege, but they won’t disappear, writes Mark Earthey

Voice brokers
Rumours of the voice brokers' demise are not to be believed

At recent conferences, in the press and in market gossip, the over-the-counter energy and commodity markets have been consigned to the history books – obituaries written and elegies muttered. Yet the demise of the market’s voice broker is far from upon us.

OTC markets in general have had a rough ride over the past decade. They took a disproportionate amount of blame for the 2007 crash, and suffered at the hands of regulators as a result. Market withdrawal by banks has shrunk the voice brokers’

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