| Muted volatility, sluggish trading activity and regulatory changes have conspired to create a tough environment for energy market participants over the past year. That has fuelled a lot of movement in this year’s Risk and Energy Risk Commodity Rankings, with some banks seeing their fortunes fall significantly.
Many investment banks in the energy derivatives market are likely to look on the past year as something of an annus horribilis. Continuing sluggishness in the global economy and low volatility in energy markets generated lacklustre trading opportunities, while a wave of new regulation affecting banking, derivatives and energy markets is also making life difficult for market participants...............................................Full Article: Source
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