Deck:
Energy trading returns, healthier and wiser.
Author Bio:
Gary L. Hunt and Grant Thain are consultants with Henwood Energy Services, a division of Global Energy Decisions.
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The recent announcement of a trading joint venture between TXU and Credit Suisse First Boston (CSFB) is the latest in a series of positive news items supporting the return of energy trading. Wall Street firms continue to expand into the energy-trading sector, with Citigroup as well as CSFB moving into an area already well represented by the likes of Morgan Stanley, Goldman Sachs, and UBS.
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