ANALYSIS: Goldman’s J Aron defies bank power trading pullback

February 1, 2015

While the number of banks active in physical power trading in the US has been decreasing, at least one perennial market maker — Goldman Sachs trading arm J Aron — has been holding steady.

According to wholesale power sales data reported to the Federal Energy Regulatory Commission, J Aron’s fourth quarter 2014 physical sales remained on par with the fourth quarter 2013 and were up 19% compared to the fourth quarter 2012.

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