I’m well aware of equity, fixed-income, currency and commodity trading (oil, gold, cotton). Does anyone know anything about an electricity trader? Does the person who performs this duty an actual trader or simply a broker/salesperson? Any advice would be welcomed.
goldenboy is an energy trader, correct?
pupdawg82 Wrote: ------------------------------------------------------- > goldenboy is an energy trader, correct? you rang???
former trader Wrote: ------------------------------------------------------- > I’m well aware of equity, fixed-income, currency > and commodity trading (oil, gold, cotton). > > Does anyone know anything about an electricity > trader? Does the person who performs this duty an > actual trader or simply a broker/salesperson? Any > advice would be welcomed. depends on what your talking about… phy? fin? broker? trader? I am a power trader so can give you feedback but need a better question… power trader can mean almost 20 different things… 20 people on my desk doing 15 different jobs but all “power traders”
i used to be an electricity broker. i can tell you about the sell side. shoot me an email pisola80@gmail
nikko0355 Wrote: ------------------------------------------------------- > i used to be an electricity broker. i can tell > you about the sell side. shoot me an email > pisola80@gmail did you have any exp on the phy side? i know a few people who left to be brokers… i do love the dinners brokers take us on… good times
i covered phy and fin, in pjm and then moved to ercot. good times, i started directly after college. what shops did your friends go to
choice, icap and amerex
is energy trading mostly market making? cfa useful in the energy markets?
BiPolarBoyBoston Wrote: ------------------------------------------------------- > is energy trading mostly market making? cfa useful > in the energy markets? no and no
I’m Shocked, SHOCKED to find that GAMBLING is going on in the electricity markets!
bchadwick Wrote: ------------------------------------------------------- > I’m Shocked, SHOCKED to find that GAMBLING is > going on in the electricity markets! why?
I was on the phone with MISO the other day, and asked them “So what’s to stop me from bidding x into the DA market, then backing it down in RT and getting paid for “relieving” the congestion?” They said “nothing”, although the trade isn’t as risk free as it sounds. Enron 2 coming up.
NakedPuts Wrote: ------------------------------------------------------- > I was on the phone with MISO the other day, and > asked them “So what’s to stop me from bidding x > into the DA market, then backing it down in RT and > getting paid for “relieving” the congestion?” > They said “nothing”, although the trade isn’t as > risk free as it sounds. Enron 2 coming up. if it flows it flows
bchadwick Wrote: ------------------------------------------------------- > I’m Shocked, SHOCKED to find that GAMBLING is > going on in the electricity markets! Your being serious? Unless you plan to let Obama use all your tax dollars in the near future to build nuc’s like crazy (with the possiblity of spillages killing ppl) or beleive magically someday wind is going to be a decent and reliable source for larger cities. You need an energy stack and for a stack to work efficiently you need speculators.
No one here has ever seen the film Casablanca?
^ -----loll
Burn, baby, burn!
hahahaha
Please excuse my ignorance, but what is the trading landscape on the physical markets concretely? Trader A arranges delivery to Utility B and sends a bunch of KW at a profit that it bought from Market-Maker X ? Sorry if it sounds retarded, but my understanding of electric trading doesn’t go beyond that.