MARKET DATA PERSPECTIVES

MARKET DATA PERSPECTIVES

What a great job this is!

I spent most of last week in--of all places--Houston, Texas, the Capital of the Power Trading Business. The trip was an eye-opener in many respects.

As you know, we're getting involved in electricity and natural gas trading in a big way. This was my first real exposure to the market, and just as importantly the culture of this very different area of the business.

Houston is not like New York or London, which is where I tend to spend most of my time. It's big and flat.