To be active in energy trading, Dynegy had to have enough electricity to sell.
Intercontinental was led by Jeffrey Sprecher, who'd started the exchange as an over-the-counter energy trading system.
In 2006 SAC Capital, the hedge fund, hired him to start an energy trading desk.
Ed L. Morse, an executive adviser at Hess Energy Trading, has studied the fuel dilemma.
Enron's infamous energy trading office was located in the same building with the utility in downtown Portland.
'S energy trading floor in Houston, two meteorologists stare at storm patterns and nationwide temperatures on their monitors.
Shares of other exchanges that specialize in commodities have also benefited from all the added attention on energy trading.
The first piece was Sempra Commodities, a small energy trading operation launched at Drexel Burnham Lambert, then acquired by AIG.
This energy trading is aimed at making real profits, not fake ones.
As head of Enron's European operations, he helped it grow from a regional pipeline to one of the world's largest energy trading firms.
He is currently a cofounder and CTO of an energy trading company, SESCO Enterprises, LLC, and is the founder of Civil Society Trust.
When Enron collapsed a year later, he went into business for himself founding Centaurus, a hedge fund focusing mostly on natural gas, energy trading.
Ed L. Morse, an executive adviser at Hess Energy Trading Co.
But Lay and Skilling are special, the guys who kicked the whole thing off back in 2001, when Enron, the world's largest energy trading company, imploded under their care.
In March, the company announced that it would sell its retail gas stations business, along with its energy trading and marketing businesses, to become more purely an exploration and production company.
It is adding an array of new derivatives contracts, most recently weather futures, and was preparing an energy trading business for launch this June, when a noncompete it has with the Nymex expires.
Mirant, which owns power plants throughout the world and sells electricity to utilities and big corporate consumers, is suffering the Enron effect because of its energy trading and from temporarily depressed power prices.
Jeffrey Skilling and Kenneth Lay , both former chief executives of the defunct energy trading company, were convicted Thursday on 25 of 34 counts of wire fraud, securities fraud, conspiracy and making false statements.
The agreement, announced today, puts an end to more than a year of on-and-off talks between the two futures markets, one looking to add electronic capabilities and the other seeking to enter the lucrative world of energy trading.
The agreement, unveiled earlier this month, means Merc won't have to build its own energy trading operations, as it had planned to do this summer, after dabbling with trading some of Nymex's smaller e-miNY contracts for the last few years.
Thinking Kinder was too much of a fuddy-duddy, too wedded to the fading pipeline business and lacking the swashbuckling style needed to run a company so clearly destined to remake the worlds of dealmaking and energy trading, they withheld the top job.
On Friday, listeners will be hoping that Mr Berardino, whose company failed to uncover a slew of hidden debts while auditing bankrupt energy trading giant Enron, will explain how the accountancy profession aims to reassure investors that its audits can be relied on.
Nymex Holdings (nyse: NMX - news - people ), the parent of energy trading giant New York Merc, is slashing costs over the next three months, specifically targeting the population of its trading floor, which has seen volume dwindle as more contracts are traded through an electronic alliance with the Chicago Mercantile Exchange (nyse: CME - news - people ).
Paul Wellstone, D-Minnesota, referring to the financially plagued energy-trading company whose stock collapsed in recent weeks.
On May 6th the Federal Energy Regulatory Commission released documents passed to it by lawyers for Enron's former energy-trading group.
Its small electronic-distribution system has allowed upstarts like the Atlanta-based IntercontinentalExchange, an electronic energy-trading network, to whittle away at Nymex's market dominance in the sector.
That scenario sounds unlikely to Stephen Bergstrom , president of Houston-based Dynegy , an energy-trading firm that also owns both coal- and gas-fired power plants.
He was named head of Amaranth's energy-trading operations in the spring.
Global energy futures trading has exploded in the last two years and rivals have stepped in to try to loosen Nymex's grip on the benchmark contracts.
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