Freepoint Commodities
From Wikipedia, the free encyclopedia
Freepoint Commodities is a commodities trading company based in Stamford, Connecticut.
| Company type | Private |
|---|---|
| Industry | Commodities trading |
| Founded | 2011 |
| Headquarters | , United States |
Key people |
|
Number of employees | 625 |
| Website | freepoint |
In February 2023, a former employee of the company and its agent in Brazil were indicted for their alleged role in a bribery scheme.[1]
In December 2023, the company agreed to pay more than $98 million to settle an alleged conspiracy to bribe Brazilian officials to attain contracts with Petrobras.[2]
In March 2024, the company's head of European physical gas trading, resigned to start a new gas and power hedge fund.[3]