Pioneers: Coal - US Evolution

US brokerage firm Evolution Markets, formed in 2000, grew quickly into the largest team of brokers in the US over-the-counter coal market. Having brokered more than 500 million tons of coal since its founding, it is consistently one of the leading coal brokers in terms of market volume.

"We were the first broker to work with many of the coal producers and utilities," says Stephen Nesis, a founding member of Evolution, along with Andrew Ertel and Peter Zaborowsky. "When we started there was on

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