Energy Trading
Our Energy Trading team is widely recognised as an international leader in its field. We work with large multi-national and domestic corporations as well as government bodies, regulators and market organisations, providing legal services on a multi-jurisdictional and domestic basis.
Our practice covers:
- Over-the-counter (OTC) and exchange-traded derivatives
- Energy regulation
- Financial services and regulatory law
- Liberalisation and commercial contracting
- Counter party insolvency
- Netting and risk management advice
- Advice on the establishment and clearing of new exchange-trading energy products
Our multi-disciplinary team has a wealth of experience. We draw on the expertise of lawyers from our energy and infrastructure, financial markets, derivatives, commodities, financial services regulatory, environmental and IT practices to offer a genuinely leading-edge service.
Our lawyers have been deeply involved in policy development and many of the initiatives that underpin energy trading locally and internationally. In the UK these include the introduction of UK and international climate change mechanisms and drafting the UK’s Network Code and the Balancing and Settlement Code. We are also very active in all of the relevant industry associations, including FOA (Futures and Options Association), ISDA (International Swaps and Derivatives Association) and EFET (European Federation of Energy Traders).
In France, we have advised the French authorities on commodity trading, assisting them in the drafting of the new law amending the Monetary and Financial Code. We have also advised the French authorities on climate change mechanisms and in particular on the implementation in France of the EU emissions trading scheme. In Russia, we have advised a Russian oil company on a landmark structured oil price hedging in the run up to the Iraq war.
We offer broad expertise, an outstanding track record and a deep understanding of the energy trading sector and its underlying products.