Goldman Sachs Launches Plans For Profitable Japanese Power Futures ...Middle East

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Goldman Sachs Launches Plans For Profitable Japanese Power Futures
Post-energy crisis hedging enthusiasm is prompting Goldman Sachs Group to launch plans for a Tokyo desk to trade Japanese power derivatives as trading volumes for Japanese power futures on the European Energy Exchange are set to soar by up to 3X. An executive with the European Energy Exchange (EEX) told Reuters on Wednesday that trading volume in Japanese power futures could even triple this year, citing the high demand for hedging among utilities, consumers and financial traders following last year’s energy crisis.  The need for hedging…

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