OREANDA-NEWS. May 19, 2011. J.P. Morgan ranks #1 in the 2011 Asia Commodity Rankings, according to Asia Risk magazine, a leading publication focusing on risk management and derivatives in Asia Pacific, reported the press-centre of J.P. Morgan.

The bank topped this year’s survey, leaping forward from #2 overall last year and captured a series of #1 position in major product categories. The Asia Risk commodity ranking survey is the only poll dedicated to ranking derivatives dealers and brokers operating in the energy and commodity derivatives markets in Asia.

“The past year has proved challenging for many commodity derivatives houses in Asia as energy prices remained largely range-bound. But dealers profited from metals and agriculture business in 2010, with J.P. Morgan emerging as the client favourite across the board,” the magazine said in its May 2011 issue.  The bank “has steadily built up its commodities footprint in Asia in terms of locations, as well as across flow derivatives, strategic hedging services, exotic derivatives and commodity-linked financial transactions, taking the top spot in the Asia Risk commodity derivatives rankings for the first time.”