Nodal Trader
A
Active Power Investments LLCEnergy Trading
United StatesFull-Time
Salary not disclosed
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Job Details
- Required Skills
- PythonSQLMatlabVBAC#
Requirements
- Direct experience with the nodal markets and/or futures markets.
- Deep understanding of the ISO transmission systems.
- Knowledge of the ISO supply stacks.
- Experience with power flow simulation in PowerWorld or a similar tool.
- Experience with the analysis of supply and demand in the ISO and futures markets.
- Experience with producing or utilizing short-term and long-term price forecasts for electricity and natural gas.
- Ability to work independently to run a profitable trading book.
- Strong written and verbal communication skills.
- Proficiency in programming languages such as VBA, C#, Matlab, Mathematica, SQL, R, or Python.
- Advanced degree in Electrical Engineering, Statistics, Financial Engineering, Finance, Economics, or related quantitative discipline.
Responsibilities
- Improve the performance of the current Point-to-Point Obligation Bid (PTP) and daily spread trading program while complying with risk metrics.
- Advance the virtual trading of supply (INCs) and demand (DECs) based on fundamentals such as weather, load, and transmission outages.
- Construct profitable FTR/CRR portfolios for monthly and longer-term periods.
- Develop power flow simulator-based analysis programs for trading PTPs, VTs, and FTRs / CRRs.
- Trade natural gas and electric power futures and other exchange-traded derivatives on commodity exchanges.
- Assist in improving and reporting on risk metrics to capture risks inherent in nodal and futures trading.
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