Griffin Markets awarded Energy Risk “Commodity broker of the year 2018”
- Award recognises excellence across global commodities markets
- Griffin has enjoyed strong growth in the energy markets over recent years based upon its continuing innovation and excellence in execution
- Award follows Griffin’s recognition by Financial Times and London Stock Exchange
LONDON 16th May 2018: Griffin Markets has been announced as the winner of Energy Risk’s Commodity Broker of the Year 2018.
Griffin Markets operates energy trading market places with particular focus on the European gas, power and emissions markets. Founded in 2011, Griffin has seen significant growth since switching to Trayport technology in mid-2014. This growth has been driven by
Griffin’s dedication to giving its customers an optimised trading experience, constantly challenging and innovating to provide efficient execution and consistent accuracy.
Griffin has delivered change across the full trade life-cycle with pre-trade, point of trade and post-trade services that challenge the status quo and deliver considerable value to customers beyond the standard execution services.
Pre-trade, Griffin deepens the liquidity pool accessible to traders through smart deployment of its in-house developed systems. Post-trade, Griffin operates a counterparty credit optimisation service which can dramatically reduce participants’ financial exposure. For
example, this service delivered over €750 million of counterparty credit reductions to the benefit of Griffin’s customers in March 2018 alone.
But Griffin’s primary focus is on excellence in execution. Through honesty and integrity and with support from market-leading systems, Griffin’s brokers focus on servicing customers to make the process consistently accurate, fair and efficient.
Commenting on Griffin’s award, Simon Davidson, Griffin’s Chief Executive Officer said:
“Off the back of our recent recognition from the Financial Times and the London Stock Exchange for year-on-year growth, this industry award recognises the contribution Griffin and its team have made to the market in terms of driving change. We still have a lot of work
to do and are continually looking for opportunities by listening to, and anticipating the needs of, our customers. We strive to offer a service that encompasses traditional and forward-thinking trading technologies, from an experienced team that is agile and adaptable, to ensure we can capitalise on those opportunities.”