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TD Securities Tops Precious Metals Rankings as Volatility Drives Demand
TD Securities won top precious metals dealer in the 2026 Energy Risk Commodity Rankings as tariff uncertainty and supply disruptions push clients toward banks offering physical and hedging support.
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TD Securities took the top spot in precious metals dealing in the 2026 Energy Risk Commodity Rankings, a sign that the bank's focus on physical and financial commodity services is paying off as clients look for balance sheet support in a volatile market.
The rankings, which poll market participants, also placed TD Securities as the leading dealer-broker for base metals and the top overall commodities dealer. The results reflect a period when commodity markets have been hit by tariff uncertainty, supply disruptions and the prolonged closure of the Strait of Hormuz.
David Swinburne, managing director and global head of commodities at TD Securities, said the recognition comes from consistent client support. “There’s a tremendous amount of uncertainty, and our role is to help clients navigate it,” he said. “This is a relationship business – consistency and client support are what set us apart.”