News Releases

Barclays Capital, the investment banking division of Barclays Bank PLC, today announces the appointment of Trevor Sikorski as a Director, Carbon Markets and Environmental Products Research within its Commodities Research team.

Sikorski joins from Point Carbon where he was a senior analyst responsible for developing long-term analytical and modelling capability in European gas, continental power and post-2012 CO2 emissions forecasting.

“Trevor is an important addition to our Commodities Research team, the quality and scope of which is an integral element of our leading position in commodities.  His appointment is a result of the growing importance of the carbon markets to our clients,” Commented Paul Horsnell, Head of Commodities Research at Barclays Capital.

For further information, please contact:

Catherine Shields, Barclays Capital Communications             + 44 (0)20 7773 8939

 

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Notes to editors:

About Barclays Capital

Barclays Capital is the investment banking division of Barclays Bank PLC which has an AA long-term credit rating and a balance sheet of over £1.2 trillion. With a distinctive business model, Barclays Capital provides large corporate, government and institutional clients with solutions to their financing and risk management needs.  Barclays Capital has offices in 29 countries, employs over 16,200 people and has the global reach and distribution power to meet the needs of issuers and investors worldwide.

For further information about Barclays Capital, please visit our website www.barclayscapital.com.

 

About Commodities at Barclays Capital

Barclays Capital is currently one of the top three financial institutions providing a full range of global commodities services.  Over the last five years the Commodities Division has expanded rapidly to meet growing customer demand.

Barclays Capital provides competitive pricing, superior relationship skills and innovative structures, which are tailored to the client's specific needs.

The Commodities Group provides a fully integrated and global service for base and precious metals and a wide range of energy products: Crude Oil, Refined Product, Power and Gas. 

All commodity derivative activity is carried out by the Commodities Department which is a division of Global Markets. The financial origination function is run by sector teams within Investment Banking. 
 
Base Metals Trading
Precious Metals Trading
Crude Oil & Refined Product Trading
US Natural Gas 
EUR Power and Gas 
Multi Asset Class
Investment Banking  (Mining & Metals, 
Oil & Gas, Power & Utilities) 
Corporate Structuring

Environmental Markets

Forest Products

Plastics

Recent awards include: 

Modern Great in Commodities/Energy Derivatives, Risk 20 Awards (2007)

Commodity Derivatives House of the Year, Euromoney (2007)

Commodity/Energy Derivatives House of the Year, IFR (2008)

Commodity Derivatives House of the Year, Risk (2008)

Emissions trading at Barclays Capital

Barclays Capital has been at the forefront of emissions trading since the inception of the EU’s Emissions Trading Scheme. Barclays Capital has played a key role in the drive toward industry standard documents and concluded the first ever trade using the industry standard documents published by the International Swaps and Derivatives Association (ISDA) in July 2004. In March 2005, it was the first bank to take delivery of physical CO2 allowances under a spot market trade and in May 2005 it executed the first financial emissions trade to use the new London Energy Brokers Association (LEBA) carbon index as a reference price. In March 2006, Barclays Capital also became the first bank to take delivery of CERs into a temporary holding account on the UN’s CER registry. Barclays Capital has been recognised as a key player in the emissions trading market through various industry awards, including:

- Named Emissions Trading House of the Year– The Banker Investment Banking Awards (October 2007)

- Voted #1 in European Emissions Trading – Risk  Energy & Commodity rankings (Feb 2006 and March 2007)

- Voted #1 in CER Trading – Risk Energy & Commodity rankings (March 2007)

- Named Best Trading Company – Point Carbon carbon market awards (March 2006 and March 2007)

- Named Best Trading Company, EU Emissions Trading Scheme – Environmental Finance (December 2006 and December 2007)

- Named Pioneers in Emission Dealing – Energy Risk (December 2005)