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Commodities Briefing - Categorized | Market Moves, Trading more

Danske Commodities expands energy trading as utilities cut staff

Posted on 21 November 2013

Danske Commodities A/S, a closely-held Danish energy trader, is taking advantage of growing electricity-price volatility by expanding its operations, even as banks and utilities are reducing staff to cut costs.
The Aarhus, Denmark-based company has hired nine power traders and one carbon trader this year from Barclays Plc, Axpo Holding AG, EON (EOAN) SE, Enel SpA and NEF Asset Management, Torben Nordal Clausen, Danske Commodities’ chief executive officer, said by telephone on Nov. 19…………………………………Full Article: Source


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