Commodity trading houses have banks on the ropes: so what?

Trading houses are definitely on the rise, but risk fears are overdone

Mark Pengelly - Energy Risk
Mark Pengelly

For an industry that's notoriously publicity-shy, commodity trading houses have done a good job of staying in the spotlight in recent years.

During that time, there has been a steady shift in commodities. Facing declining revenues, tougher regulation and harsher capital requirements, banks have withdrawn from large chunks of the market, or left it altogether. Meanwhile, trading houses have massively increased their share of activity. If the market were a boxing ring, the picture would be of

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: