Risk & Energy Risk Commodity Rankings 2014 – metals
For metals, the past 12 months were marked by plummeting gold prices, directionless markets in base metals and heated rows over the London Metal Exchange’s warehousing system. Despite this, the top dealers and brokers in this year’s rankings are largely unchanged. By Peter Madigan
To view a PDF containing the rankings results in full, click here.
Commodities have not been kind to banks and brokers during the past few years. Such firms have had to deal with disappointing levels of client activity and a litany of new regulatory requirements that have pushed up the cost of doing business, leading many firms to reduce their commitment to the market.
Amid this tumult, metals markets had provided a beacon of hope. Through it all, it seemed that strong investor appetite for gold
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