Looking back: Are banks coming back into OTC energy derivatives?

Banks have often stepped in and out of the OTC energy derivatives market. In this article from August 2001, Energy Risk reports on banks upping their activity

The past 12 months have seen signs of increased movement in over-the-counter energy derivatives, with both US and European banks staffing up their existing trading desks, and in some cases launching new trading operations.

In the UK, Standard Bank, which is headquartered in South Africa, is poised to launch an electricity trading desk later in the year. Mary O'Carroll, head of UK electricity trading at the bank in London, says power trading provides a "natural fit" with the bank's existing

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