Spectron, the commodities brokerage, has extended its market coverage to include European fuel oil.
A nine-strong team of experienced brokers, previously of MF Global, has joined Spectron and will be starting operations from its London office on 1 September.
The team will be headed by Danny Fenn.
“We are delighted to be joining Spectron — and are now part of not only the most energy-focused of all the major global brokerages, but one which also has a fantastic reputation for customer service; it is great news for us and for our clients,” says Fenn.
“This is a very exciting hire for us — it is a high calibre team with a great name, market presence and years of experience, and so will be a perfect fit for our existing European and US oil products desks,” says Simon Davidson, managing director of Spectron Group (Europe and Asia).
Spectron covers natural gas, electricity, oil, coal, freight, metals, weather derivatives, petroleum products, nuclear fuels, soft commodities, agricultural products, commodity exotics, emissions and environmental products.
