Clearing industry braces for volatility ‘super-cycle’

Green transition may fuel higher cash demands and more risk events, FCMs warn


Market participants should brace for elevated volatility across commodities, and higher margin requirements, as the transition to a greener economy exacerbates whipsawing price moves, according to two senior derivatives executives.

“We know we’re heading into a kind of super-cycle of potential volatility,” said Alicia Crighton, managing director and co-head of global futures at Goldman Sachs.

“I think we’re underestimating the impact of that as an industry,” she added.

Gary Saunders, head of

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 or view our subscription options here:

You are currently unable to copy this content. Please contact 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 View our subscription options


Want to know what’s included in our free membership? Click here

This address will be used to create your account

Most read articles loading...

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