Derivatives house of the year: Citi

Bank wins with help of book purchases and willingness to take on trickier trades

stuart-staley-citi-14-web
Stuart Staley, Citi

It may seem ironic that in the same year legendary US-based commodity trader Phibro has wound down its trading activities, its former owner, Citi, has won Energy Risk's Derivatives House of the Year award for the second year running.

Citi's decision to sell Phibro in 2009, following the bank's multibillion-dollar rescue by the US government, was the end of a chapter in the history of commodity markets. It was also the beginning of one. Over the coming years, the clean break that the Phibro sale

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net 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