Brendan Morgan
Gas Trader at CWP Energy- Claim this Profile
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Bio
Experience
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CWP Energy
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Canada
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Investment Management
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1 - 100 Employee
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Gas Trader
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May 2021 - Present
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InCommodities
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Denmark
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Oil and Gas
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100 - 200 Employee
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Senior Trader
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Sep 2020 - May 2021
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BNP Paribas
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France
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Banking
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700 & Above Employee
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Director, Natural Gas Derivatives Trading
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Jul 2013 - Sep 2020
In this role, I was the head financial trader, coordinating risk strategy between physical, financial and basis desks. I also managed a basis options book and made markets for locations across the country, executing basis and volatility hedging strategies. ➤ Ran proprietary fixed-price, volatility and basis trading book with VAR of $800k-1M ➤ Executed LNG hedging and optimization strategies. I also served as the main derivatives market maker for customer origination including corporate, institutional, LNG and E&P clients and provided liquidity making markets for OTC brokers. A large part of this role also included performing in-depth fundamental analysis of the natural gas market to drive proprietary strategy and create products for clients. This entailed forecasting supply, demand and storage balances through predictive modeling and scenario analysis. ✭ Authored a widely followed daily market viewpoint distributed to ~100 clients including hedge funds, corporates and internal sales and trading desks. ✭ Worked closely with European and Asian energy desks driving global product and business initiatives growing revenues by ~50%. ✭ Executed client structured trades up to 10,000 lots and 10-year tenors.
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Deutsche Bank
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Germany
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Financial Services
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700 & Above Employee
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Director, Natural Gas Trader
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Jul 2004 - Dec 2012
I held a variety of roles at DB being promoted consistently from Associate to Vice President and finally in 2010 to Director. As market-maker for NYMEX natural gas derivatives, both client origination and OTC markets, I generated significant P&L actively trading every part of the of the futures curve. I also drove sales and origination business generating trade ideas and consulting closely with clients. ➤ Consistently exceeded budget and helped significantly grew client franchise ➤ Provided pricing and hedging strategies for structuring desk - VPP’s, and large hedging programs. As Vice President, I successfully assumed main NYMEX proprietary trading and market making duties and was promptly promoted to Director. Prior, I managed the options book during a team transition and executed trading strategies for the head gas trader. ✭ Initiated and managed desk business projects: optimization of funding, brokerage reduction, IT initiatives ✭ Managed commodities correlation risk project. Reconciled complex risk positions with internal desks
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Institutional Investor
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United States
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Financial Services
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100 - 200 Employee
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Research Associate, Sell-side Trading
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2004 - 2004
In this role, I designed and created proprietary trading performance reports in European, Asian and LATAM markets and developed client-specific competitive analysis models. ✭ Contributing writer for industry publications analyzing trends in equities trading and buy-side issues In this role, I designed and created proprietary trading performance reports in European, Asian and LATAM markets and developed client-specific competitive analysis models. ✭ Contributing writer for industry publications analyzing trends in equities trading and buy-side issues
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Instinet Incorporated
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United States
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Capital Markets
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400 - 500 Employee
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Senior Client Manager
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Nov 1998 - Sep 2002
Initiated and managed high-priority trading product implementation projects for over 300 institutional clients and served as the main liaison between clients, sales team and trading desk. ✭ Directed roll out of “Portal” trading product – reduced operational costs by approximately $1.8M per year Initiated and managed high-priority trading product implementation projects for over 300 institutional clients and served as the main liaison between clients, sales team and trading desk. ✭ Directed roll out of “Portal” trading product – reduced operational costs by approximately $1.8M per year
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Education
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University College Dublin
Master of Business Administration (MBA), Finance, General -
State University of New York College at Geneseo
B.A., Economics