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Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Jafry, Rahil </O=ENRON/OU=NA/CN=RECIPIENTS/CN=RJAFRY< X-To: Kitchen, Louise </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Lkitchen<, Shah, Kal </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Kshah< X-cc: X-bcc: X-Folder: \ExMerge - Kitchen, Louise\'Americas\Press X-Origin: KITCHEN-L X-FileName: louise kitchen 2-7-02.pst FYI - the claim that both ICE and EOL have more than 1/3 of the electronic trading market each may be true, but doesn't reflect on how much more we have on EOL than on ICE.... -----Original Message----- From: djcustomclips@djinteractive.com Sent: Thu 8/23/2001 3:06 PM To: 168842@mailman.enron.com Cc: Subject: Rahil Jafry: Online Power Trading Grows, But Traditional Brokers Still Lead US Power ... Online Power Trading Grows, But Traditional Brokers Still Lead US Power Markets, Energy Argus Survey Shows 08/23/2001 PR Newswire (Copyright © 2001, PR Newswire) NEW YORK, Aug. 23 /PRNewswire/ -- Electricity trading continued to move online in the past six months, but most wholesale power deals are still being done through traditional voice brokerages, the latest Energy Argus survey has found. Internet-based trading now makes up 38% of trading in the US, up from 28.5% in February and 25% in April 2000, according to Argus data. Most online trading is done through either IntercontinentalExchange or EnronOnline, each of which have more than a third of the electronic market, the survey of 40 power traders found. However, another 24% of the transactions are completed through a variety of other platforms, including DynegyDirect, Bloomberg Powermatch and TradeSpark. Although their market share has declined from 75% two years ago, traditional brokers continue to process most power trades, due to their ability to offer options and other derivatives, their dominance in the short- term physical markets and some trading houses' reluctance to embrace online technology. For a full copy of the Energy Argus Survey, please send your request to info@energyargus.com . Energy Argus Inc., the youngest company in the Argus group, is dedicated to creating a knowledge and analysis resource for the power industry in the US and Europe. Energy Argus covers news and prices as well as focusing on reporting on all developments that might have a medium- or long-term impact on power markets. The guiding principle in our coverage is to ensure market and industry relevance. "Cutting through the noise" means rigorous culling of hype and fluff and a sharp focus on market-moving developments, whether it's short-term plant operations or long-term political maneuvers. MAKE YOUR OPINION COUNT - Click Here <http://tbutton.prnewswire.com/prn/11690X87273648<; /CONTACT: Peter Rosenthal of Energy Argus Inc., 201-659-4400 x201/ 15:04 EDT Folder Name: Rahil Jafry Relevance Score on Scale of 100: 85 ______________________________________________________________________ To review or revise your folder, visit <http://www.djinteractive.com<; or contact Dow Jones Customer Service by e-mail at custom.news@bis.dowjones.com or by phone at 800-369-7466. (Outside the U.S. and Canada, call 609-452-1511 or contact your local sales representative.) ______________________________________________________________________ Copyright © 2001 Dow Jones & Company, Inc. All Rights Reserved
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