Prebon backs coal growth

Lee Taylor, senior-vice president for energy business development at Prebon, will head an initial team of four traders. He said the decision to open the coal desk reflects the growing market for coal trading.“With the US government committed to creating an environment for the growth of coal-based power to reduce the US's reliance on foreign oil, it was a natural decision to open the coal desk,” said Taylor. “It was a no-brainer.”

Taylor declined to predict the speed of the growth of trading volumes in coal and coal derivatives products, but said the team would cover a wide range of coal-related trades, including over-the-counter options and swaps.

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here