The Risk 2002 commodity & energy derivatives rankings

Volatile energy markets, plummeting metals prices, September 11 and the implosion of Enron: 2001 was an eventful year for the commodity and energy derivatives markets. Kevin Foster and John Ferry introduce our annual rankings of dealers and brokers

Risk’s 2002 energy derivatives rankings show the energy sector in a state of flux following the collapse of Enron. Two months after the Houston energy major declared bankruptcy, a number of its rivals have come to the fore in each of the markets Enron once dominated: natural gas, electricity and weather. And they all preach the same message: that Enron’s demise, although the key event of the past 12 months, will have no lasting effect on the liquidity of those markets.

A year ago, Enron was

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