Mark Crandall
Veteran commodities trader and one of the founding figures behind modern trading houses, recounting his role in the origins of Trafigura and Glencore and his long career in physical commodity markets.
Best podcasts with Mark Crandall
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13 snips
Oct 29, 2025 • 53min
The Rise of Rich & The Founding of the Modern Trading House: Mark Crandall Part 1
In this engaging discussion, veteran commodities trader Mark Crandall shares insights from his illustrious career which began at Morgan Stanley, where he helped launch its commodities desk. He delves into the evolution of oil trading and the unique challenges following market shocks. Crandall recounts his experiences at Marc Rich & Co., highlighting Marc Rich's visionary approach and his leadership style that fostered loyalty. The conversation explores the dynamics of physical trading houses and the complex relationships that cultivate competitive advantages.
9 snips
Nov 5, 2025 • 1h 3min
Schism & Domination: Founding Trafigura & Glencore: Mark Crandall Part 2
Mark Crandall, a veteran commodities trader and co-founder of Trafigura and Glencore, shares his insights on the birth of these trading giants. He delves into the pivotal moments that led to their founding, including Mark Rich's vision and the impact of leadership exits. Crandall discusses how owning assets transformed trading houses, creating dominant figures in the industry. He also examines barriers for new competitors and the evolving roles of traders in today's market, along with the future of commodities in a transitioning energy landscape.
