Houston-based hedge fund Roscommon Analytics is shutting its US natural gas trading desk following losses linked to volatile energy markets, according to a report by the Financial Post citing unnamed people familiar with the situation.
According to the sources, the firm suffered losses in the US power market last year prompting the decision to wind down its gas trading operations. Several US gas and power traders have left the firm as a result.
In a statement, founder and chief executive Kevin K...
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