ICAP Energy voted "Overall Broker of the Year" in the 2014 Energy Risk Awards and Commodity Rankings
22 May 2014
London/Louisville, 22 May 2014 -- ICAP Energy, the energy business of ICAP plc, announces that it has been voted “Overall Broker of the Year” in Energy Risk magazine’s annual awards. In addition, ICAP Energy has also been voted “Overall Broker of the Year” in the publication’s annual commodity rankings for the ninth year in a row.
This is the first time that ICAP Energy has won both Energy Risk awards in the same year. In addition to being voted “Overall Broker of the Year” by Energy Risk’s readers, ICAP Energy was awarded a total of 13 first-place positions (see the full listing at the bottom of this release), including a further three first-place positions within the ”Overall” categories: “Overall Energy”, “Overall Natural Gas” and “Overall Oil”.
Voters in this year’s Energy Risk commodity rankings included energy trading executives and magazine editors who based their decisions on a variety of criteria, including pricing, liquidity provision, counterparty risk, speed of execution and reliability. The poll reflects the views of market participants and their peers in terms of overall quality of service.
Mark Pengelly, Editor, Energy Risk said: “Despite a difficult market for brokers, ICAP Energy continues to deliver excellent service to its clients, as reflected year upon year in the results of Energy Risk’s annual commodity rankings… It has also shown itself highly responsive to regulatory change.”
Paul Newman, Managing Director of ICAP Energy Ltd in London said: “We’re proud to be recognised for our work by the editors and readers of Energy Risk and we strive to retain this prestigious award year on year. As the global energy and commodities landscape evolves, ICAP Energy works hard to deliver the best products and services for our customers to help them navigate regulatory changes and allow for a smooth transition.”
Dennis Crum, Chief Executive Officer of ICAP Energy LLC, said: “Energy Risk’s ‘Overall Broker of the Year’ categories are extremely well respected in the energy industry and we’re thrilled to have won both categories for the first time this year. On behalf of everyone at ICAP Energy, I would like to thank all our customers and Energy Risk for their support over the years.”
Bryony Scragg Corporate Communications UK +44 20 7050 7124
Guy Taylor Corporate Communications US +1 212 341 9759
About ICAP Energy
ICAP Energy, a subsidiary of ICAP plc, is an innovative leader in the energy and shipping industries, providing full-service and over-the-counter broking and advisory capabilities to a broad spectrum of businesses throughout the world. The group has approximately 350 staff located in London, North America, Singapore, Sydney, Geneva, Bergen, Amsterdam, Madrid, Copenhagen and Sao Paulo. ICAP Energy offers real-time price discovery and execution services in crude oil and oil products, biofuels, agriculture and softs, base and precious metals, iron ore, electricity, natural gas, coal, emissions, freight, alternative fuels (Ethanol), uranium, derivatives and physical products.
ICAP is a leading markets operator and provider of post trade risk mitigation and information services. Group companies provide services that match buyers and sellers in the wholesale markets in interest rates, credit, commodities, FX, emerging markets and equity derivatives through voice and electronic networks. Through our post trade risk and information services we help our customers manage and mitigate risks in their portfolios. For more information go to www.icap.com.
Energy Risk awards 2014 – ICAP rankings
#1 Best overall institution – Brokers
#1 Energy – Brokers
#1 Natural Gas – Brokers
#1 Oil – Brokers
| Category ||Sub-category || 2014 || 2013 |
| Overall || Overall || 1 || 1 |
| Overall || Overall Energy || 1 || 1 |
| Overall || Oil || 1 || 1 |
| Overall || Natural Gas || 1 || 1 |
| Oil || WTI || 1 || 1 |
| Oil || Brent || 1 || 1 |
| Oil || Europe Refined products || 1 || n/a |
| Natural Gas || NBP (UK) || 1 || 1 |
| Natural Gas || TTF (Netherlands) || 1 || 1 |
| Natural Gas || Zeebrugge (Belgium) || 1 || 1 |
| Natural Gas || NCG (Germany) || 1 || 1 |
| Natural Gas || PEG N+S (France) || 1 || 1 |
| Natural Gas || PSV (Italy) || 1 || 1 |