Editor's letter

The growth of cross-product trading is changing the landscape of energy trading in some very interesting ways. Large inter-dealer brokerages are keener than ever to gain a footing in as many markets as possible – GFI’s recent purchase of independent brokerage Starsupply and Icap’s acquisition of United Fuels is evidence of that.

Our special report on coal this month explores yet another energy market that’s drawing increasing attention from investors seeking a way to benefit from rising

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