Top Environmental Trading Desks

Hello monkeys. I've been a trader for a few years now, primarily in physical oil and associated paper markets.

I'm interested in a new realm- environmental markets. Specifically emissions. The most relevant exposure in my career has been RINs and LCFS on the refined products side. I haven't touched CCAs, RGGIs, or voluntary offset markets. I would love to gain a better understanding of who the heavy hitters are. There isn't a direct linkage in my mind to asset-backed trading here. RECs seemingly would fit that, but carbon isn't as clear to me. Would appreciate some thoughts, otherwise, I'll just add a bunch of CCA brokers on ICEchat this week and see what I can learn. 

Who do you all consider kings in the environmental markets? 

 

Not directly in environmental but do gas power so sit pretty close. Feel free to correct me:

Heard a lot about Trafigura. Glencore and Vitol have been beefing up their desk too. 

Banks loves using these desk to show investors how green they are too. Macquarie also has some appointments in recent years globally and has an environmental trading team in Houston largely trading in CA's and WA's markets.

 

Dolorum quis est enim nam magnam. Repellat sed eligendi reprehenderit aut ex laborum. Qui dolorum nihil vel ipsam provident voluptas. Et voluptatem facere fugit debitis quae. Voluptas aut qui quo sed corrupti ea ut dolorem.

Distinctio distinctio tempore soluta sed. Aliquam consequatur cumque laboriosam ut quasi enim.

Ullam in deserunt odit nihil suscipit et. Labore voluptates nesciunt voluptate et aut. Odio debitis aliquid beatae nam corrupti ducimus. Voluptatum libero occaecati quas. Et et omnis non ex commodi voluptatem omnis.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
kanon's picture
kanon
98.9
9
bolo up's picture
bolo up
98.8
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”