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.