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What are the recommendations for getting into Power trading companies? Is it best to become a scheduler or something else like a Real Time Trader?

What's the general career path at these firms?

Is it better to get into a boutique firm in hopes of gaining more exposure or do i need to start at a bigger firm before going boutique?

Does anyone have any recommendations for firms to look at in Houston?

Comments (24)

  • bfin's picture

    inb4 monty drops knowledge

    The answer to your question is 1) network 2) get involved 3) beef up your resume 4) repeat -happypantsmcgee

    WSO is not your personal search function.

  • monty09's picture

    What are the recommendations for getting into Power trading companies?

    Analyst program if they have one if not either scheduling/real time/desk analyst/settlements/risk/product control

    Is it best to become a scheduler or something else like a Real Time Trader?

    either are good starting jobs.... I did real time/schl/cash/asset managemt

    What's the general career path at these firms?

    it can vary a ton... of the 13 people on my desk only two followed the same path.. the other 11 all have different paths but below are some of the ones i seen

    real time/schl/cash trader

    real time/cash trader

    real time/schl/asset management

    real time/asset management

    shl/real time/cash

    credit / real time/ credit

    schl/real time/ ftr trader

    real time/vrt trader/term

    Is it better to get into a boutique firm in hopes of gaining more exposure or do i need to start at a bigger firm before going boutique?
    either or will do

    Does anyone have any recommendations for firms to look at in Houston?

    JP Morgan
    Oxy
    Citi
    Calpine
    Conoco
    EDF
    Merrill Lynch
    Twin Eagle
    Tara Energy
    Direct Energy
    DB
    Shell
    GenOn
    BP

    where are my SB's?

  • Logger54's picture

    Monty did you start out in Real Time Trading for a few years?

    Is real time trading or scheduling considered to be "entry level", which do you think is better for someone working to get their feet wet in the trading trade?

    Am I better off trying to get an internship or something of that nature to show my competence in the field?

    I'm not adverse to starting out low, and I realize there is a lot to learn; I’m just trying to determine what general entry points are to energy trading.