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.
Read More: https://www.bloomberg.com/news/articles/2017-02-02/u-s-power-traders-bonuses-perk-up-even-as-prices-get-squeezed