Ibex Commodities Limited was established in 1997 as an independent broker of cocoa beans and cocoa products. Our client list include many of the most active market participants including Trade Houses, Cocoa Processors, Converters and Chocolate Manufacturers. Ibex Commodities is active in broking cocoa beans and products from most major origins in West Africa, South America and Asia.
In respect to the physical cocoa brokerage business Ibex Commodities Limited is a pass names broker and holds no positions or title to goods in that market.
We aim to use our experience and knowledge of the physical markets to inform and advise our customers. Part of our strategy involves the dissemination of a number of fundamental and technical reports.
The reports are not price sensitive to the market, but instead interpret information widely available in the public domain and available to all market participants. For sample reports please refer to our ‘Reports’ page. For anybody who is interested in receiving them on a regular basis they are offered on a subscription basis. Please contact Brian for further information.
Brian started working as a physicals and futures broker in the City in 1979 with E.F. Hutton before moving to V.Berg and Sons Ltd in 1982. In 1987 he moved to Hamburg for 7 years working for another cocoa trade house, Warenhandelsgesellschaft’Corinth mbh before moving back to London in 1994 to open a branch for the German company, which was formalised with the setting up of Corinth Ltd (later to become Chamber Commodities Ltd). In 2000 Brian acquired 100% of the shares of Chambers Commodities Ltd and in 2013 the company changed its name to Ibex Commodities Limited
Brian currently serves on the Cocoa Advisory Group under ICE and has served on the Council of the Federation of Cocoa Commerce (FCC).
Until recently Ibex Commodities Limited (ICL) was also active in the ICE EU London Futures market and although these activities have now ceased Ibex is still currently Authorised and Regulated by the Financial Conduct Authority (FCA) 187846. ICL is not authorised to enter into regulated business relationships with Retail Customers (as defined by FCA) or hold any Client Money. For a full list of ICL’s permissions please refer to the FCA Register.