‘The Secret Club that Runs the World’, by Kate Kelly

Kelly, a reporter at CNBC, explains complex trading strategies through lively stories about Ruggles and a handful of other high-flying western commodities trading personalities from New York to London to Zug. They include Pierre Andurand and Jennifer Fan, both hedge fund managers, and Alex Beard, global head of oil at Glencore, the giant commodities trading house. While few names will be secret to readers of the financial press, Kelly digs up vivid details of their behaviour during times of extreme market stress.