Blog

Get Market News

Get weekly email updates on market factors like supply, demand, and regulatory affairs. Subscribe now

Get Started with ENGIE

ENGIE Resources is ready to analyze your historical electricity usage data and present appropriate options. Request now

Become a Broker or Consultant

Complete our Brokers & Consultants Inquiry Form. Learn more

ERCOT Traders Continue Short Streak

July 27, 2020

ERCOT Short Streak

Non-commercial traders of ERCOT North real-time daily fixed price futures and options continue to reduce long positions in favor of shorts. In last week’s CFTC Commitments of Traders report, this class of trader dipped below 10,000 MWh in longs and above 3,000 MWh in shorts for the first time in 2020. Since late March, individual investors, hedge funds and large financial institutions have reduced interest in long futures and options by about 50% while nearly doubling their short futures and options.

Read More