Commodity Trading, Risk & Portfolio Management Rewarding Excellence in:


Energy Markets BNP Paribas


Deutsche Bank


GDF SUEZ Trading Marex Spectron Morgan Stanley


Rank 3 5 1 4 2


Industrial Metals BNP Paribas Credit Suisse INTL FCStone Newedge


Morgan Stanley


Rank 3 2 1 5 4


Precious Metals BNP Paribas Credit Suisse ETF Securities


Gold Bullion International Morgan Stanley


Rank 2 1 5 4 3


Mircea Carata. Chief Commercial Officer, GDF SUEZ Trading


Agriculture & Softs Cargill


Macquarie Bank Morgan Stanley Newedge


Wells Fargo Commodities


Rank 4 1 3 5 2


Fred Demler, Head of Metal Derivatives, INTL FCStone


Emission Markets Amerex Brokers LLC EDF Trading


Morgan Stanley


Sindicatum Sustainable Resources Thomson Reuters Point Carbon


Rank 4 1


2= 2= 3


Chris Stainbrook, Director, Global Head of Precious Metals Trading, Credit Suisse


Renewable Energy Amerex Brokers LLC EDF Trading


Morgan Stanley


Sindicatum Sustainable Resources The Gold Standard Foundation


Rank 4 2 3 1 5


Sebastian Barrack, Global Head of Metals & Agriculture, Macquarie


Francois Joubert, Global Head of Environmental Products, EDF Trading


Ambassador Quentin Quayle, Asia Advisor to Sindicatum Sustainable Resources


Traded Commodity Markets (all products) INTL FCStone Marex Spectron Mercuria Newedge Trafigura


Richard Frape, Director of Market Services, Marex Spectron 22 December 2012


Rank 3 1 5 2 5


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