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Kaye/Bassman Managing Partner Chris Melillo Featured In Bloomberg

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

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