<t>Don't know about the US, but in Europe the trading seems to be done mostly by banks with an energy commodity business, (eg Goldman, ML, DeutscheBank). In terms of customers, outside of energy you do see insurance companies from time to time. I'm not aware of any HF's actually specialising in weat...

<t>viennesblues, I work on an energy trading desk within an investment bank and would like to help you but I'm not really certain what you are asking with regard to "how the market functions". Frankly, it really depends on whether you are referring to one of the large, liquid markets - eg, oil and U...

<t>kr:Assuming that someone from an emerging market was looking to raise debt and could meet all of your criteria except for 5 & 7 ( let's say an energy company from South American country with CCC sovereign rating, Big 4 audited, looking for excess of $500 million, with US oil sale receivables ...