06 Feb Kaye/Bassman Managing Partner Chris Melillo Featured In Bloomberg
FOR IMMEDIATE RELEASE:
Kaye/Bassman Managing Partner Chris Melillo Featured In Bloomberg, U.S. Power Traders’ Bonuses Perk Up Even as Prices Get Squeezed
By: Naureen Malik
Plano, TX | 2/6/2017
As U.S. electricity prices tumbled to historic lows in 2016, one part of the market rebounded: traders’ bonuses.
The range of U.S. bonuses varies widely for power traders from $50,000 for those focused on real-time markets to $2 million for proprietary desks, said Christopher Melillo, the Plano, Texas-based managing director at Kaye Bassman.