Step up to the bar

UBS has dominated the metals poll for the second time running, in a year that saw extreme price movements across the sector. Barclays Capital finished in second place, with Societe Generale taking the final place on the podium. By Ryan Davidson, with research by Xiao-Long Chen

UBS has achieved top spot in the metals rankings for the second consecutive year, garnering 13.6% of the vote. Barclays Capital also retains the same position it held in 2007, taking second place with 10.2%. Societe Generale is the only dealer in the top four to shift positions, climbing two places to third with 9.8% of the vote, with HSBC holding on to last year's fourth place (see leaderboard on page 48).

After a bullish run across virtually all metals in 2005 and early 2006, the past year has