TFS's Energy Division was established in London in 1990, from where it was expanded globally. As a result, the company now has well over 150 staff worldwide specializing in energy derivatives across a whole range of products. TFS is an industry-recognized OTC broker, with a reputation for being innovative and a groundbreaker in new products. This is highlighted by the fact that TFS brokered the first ever coal swap, the first UK Government sponsored emissions trade, the first pulp & paper swap, the first oil product MTBE swap and the first cleared European Power trade. Furthermore, in coal derivatives the entire non-US market now universally trades against the trademarked

Tradition API Indices.
Products
Oil
Coal
Natural Gas
Electricity
Weather
Precious Metals
Pulp & Paper
Environmental Products

Overseas Offices
Frankfurt
Houston
New York
Singapore
Stamford
Sydney