AFS Commodities, a dedicated liquidity provider in US Environmental Markets and a subsidiary of the prestigious AFS Group, stands at the forefront of the renewable energy sector, merging over 170 years of financial market expertise with innovative environmental solutions. Our journey began with the recognition of the critical role renewable energy plays in shaping a sustainable future. Today, we are a trusted partner for businesses seeking to transition from fossil fuels to renewable energy sources, offering comprehensive climate solutions tailored to meet diverse client needs.
Our team of sustainability advisors bring a wealth of knowledge and experience, enabling customized solutions that address the unique challenges and opportunities in environmental markets. Our advisors work with clients to navigate the complexities of their sustainability challenges. We understand and leverage the value of renewable energy and carbon markets.
AFS Commodities offers a broad spectrum of services designed to meet the diverse needs of our clients:
AFS Group (AFS) is a European financial service provider specialized as a multi-channel, multiple-asset intermediary in the wholesale Financial, and Renewable Energy sector by AFS Energy.
With offices in Amsterdam (HQ), London, Zurich, and New York, with over 175 FTE, AFS provides: transaction advice, voice and hybrid brokering, voice and electronic execution (DMA) and venue exploitation services for a wide variety of asset classes. AFS was founded in 2000 by merger of our predecessors dating back 175 years. AFS is independent, the shareholders base exists of senior management & key personnel.
Our large and growing diversified client base is composed of over 3000 active counterparties e.g. asset managers (private) banks, medium and large corporates, family offices, (hedge) funds, pension funds, insurers, market makers, municipalities, utilities and more than 10 ministries of finance. 70% of our clients can be considered as end-client.
AFS is fully licensed and operates as an Investment Firm regulated by several authorities e.g. AFM, DNB, BAFIN, and the FINMA, regulators which monitor the financial stability of the company and the necessary licences required to act as a financial intermediary.
AFS is a member of Euronext, Eurex, BATS, Nasdaq OMX, ICE, NEA, Certiq, Vertogas, Statnett and Techshare. AFS is registered with ICMA, ACI, DUFAS, Holland Fintech, AIB, ERGAR and the Dutch Securities Institute (DSI).
AFS Group origins can be traced back to 1851 when three financial entrepreneurs set up Troost, Herckenrath & Ten Kate. This firm was for almost 140 years specialised in Dutch guilder loans on the Money- and Capital markets.
The European Option Exchange (EOE) was founded in 1978 in Amsterdam as a futures and options exchange. In 1983 it started a stock market index, called the EOE index. In 1984 Schamhart Independent Floor Broker Services opened her doors to facilitate non-members entrance to the exchange. Schamhart was one of the first brokers active on the floor. In 1994 Schamhart set up a separate entity under the name AFS as an independent interdealer broker in Equity and Bonds.
In 1990 Troost, Herckenrath & Ten Kate was acquired by Amsterdam Option Traders (AOT). AOT was set up in 1980 and went public in 1985. AOT was an international trading firm specialised in the trading of Equity and Equity Derivatives. Troost, Herckenrath & Ten Kate became the foundation of AOT Money Brokers. In 10 years’ time the Money Market department of AOT became the biggest Money Broker of The Netherlands.
In the year 2000 the four entities: AFS B.V., the Equity derivatives broker Schamhart Independent Floorbroker Services B.V., the Money Market department of AOT and the commodity broker and asset manager Maas & Daemen B.V. merged under the new name AFS Group. The former Troost, Herckenrath & Ten Kate and Money Market department of AOT isnow known as AFS Intererst. Schamhart Independent Floorbroker Services B.V is now known as AFS Execution Services.
The first couple of years in the new millennium AFS Group focused on the further expansion of its services. The London office was opened in order to be able to service AFS’ clients also from the UK.
As of the first of January 2011 (after the separation of the asset management department in 2010) AFS Group was taken over by its current management. With this take over the independency of AFS Group was consolidated.
In December 2012 AFS Group took over the well-known Equity Derivatives Broker IWB. Founded in 1997 IWB was with their Zurich branch the biggest Equity Derivatives broker of The Benelux. With this merger AFS Group was able to consolidate its Equity Derivatives services. The subsidiary who took over IWB is now known as AFS Execution Services.
Mid 2013 AFS Group took over Energy Broker Neutralco to start AFS Energy. In 10 years’ time AFS Energy has built out to a frontrunner in the sustainability and renewable energy markets.
With the acquisition of experienced Fixed Income broker teams, the foundation has been laid for the Fixed Income department. The Fixed Income department is a material division within AFS Interest.
For the sake of transparency and efficiency in combination of MIFID II regulations. AFS started to move conventional brokerage onto regulated OTF and MTF venues. The first released platform is called AFS Blue. AFS Blue connects Issuers and Investors in the primary and secondary markets for debt instruments with a minimum of an (implicit) AA rating.
In 2022 AFS Execution Services reinforced her offering by taking over the Knox custody activities. After approval of the Dutch regulator AFM the custody service started in December.
AFS Group has launched a new office in New York, trading as AFS Commodities. With over 170 years of experience, providing financial and environmental solutions tailored to meet global demands.
AFS has solidified its position as a strong independent financial broker. For the near future AFS is ambitious to expand its activities further in continental Europe and Asia.