TD scoops top slots in the 2026 Commodity Rankings

 

TD Securities, which is active worldwide in precious and base metals, is planning to extend its energy business into Europe and Asia from its current focus on North America, says David Swinburne, the bank’s managing director and global head of commodities. 

“We’re very strong globally on precious metals and base metals,” he says. “A focus for us right now is to complete that commodity suite in energy, particularly in Europe and Asia.”

The firm’s wide reach into metals markets provides them with a solid network with which to enter energy markets across Europe and Asia. “Many [metals clients] overlap in the energy space … and have energy needs,” he says. “And, certainly, we understand the trade life cycle of a commodity and that’s transferable to the energy space as well.”

In this interview with Energy Risk, Swinburne talks about the recent challenges facing commodities firms, how market shocks have increased balance sheet and credit risk, and the importance of shoring up against future market shocks. 

00.30 – What’s TD Securities’ overall presence in commodity markets – in which do you operate and what is your major focus?

1.09 – How are your clients coping with the current market of high volatility and potential supply disruptions? What conversations are you having with them?

2.31 – Have you found that requirements have changed recently? Are firms trying to hedge differently?

3.23 – TD outperformed in the 2026 Energy Risk Commodity Rankings in the base and precious metals categories. How do you differentiate yourselves in those areas?

4.51 – What conversations might you have with clients around shoring themselves up against the next market shock, whatever that might be?

5.22 – What does TD have planned in the commodities space in the coming year or so?

The full results of this year’s Energy Risk Commodity Rankings can be found here.

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