Trader

Rohan Thurairatnam

Mobile: +** (0-771*******; Email: *********@*******.***

Personal Profile

Power, Gas and Emissions Trader with over 15 years’ experience of the markets in Europe, and a proven track record in managing risk, profit generation and exceeding targets.

Employment History

CENTRICA ENERGY LTD, Windsor

May 2012 – Present

Senior Trader, Power, Gas and Emissions

Responsibilities

Trading UK Power, NBP gas and emissions for all of Centrica’s power needs. This includes speculative trading; asset dispatch 3-4 GW CCGT and Centrica’s nuclear and renewables portfolio; executing of customer orders and meeting Centrica’s market making obligations.

Using a disciplined, technical and fundamental approach to formulate trading strategies, steering our analyst to determine specifics around my market view.

Ensuring Centrica’s asset base is optimised and dispatched correctly to maximise revenue through a thorough understanding of the option value on the CCGT fleet.

Working with the BG Retail/Business groups, the nuclear team and origination to formulate hedging strategies.

Liaising with the relevant departments to ensure that all operational, reporting, compliance and credit requirements needs are met and resolving issues as necessary.

Instrumental in the specification of our market making platform, liaising with IT/Trayport and ensuring that our needs and obligations are met from a trading and reporting perspective.

Liaising with the onboarding team to assist in the set-up of SMA counterparties, interacting directly with the counterparties to fill their orders.

Jointly responsible for the management of the desk juniors.

ESB INTERNATIONAL (ESBI), Dublin

May 2011 – Mar 2012

Senior Trader, Power and Gas

Responsibilities

Develop and promote ESBI’s presence in the UK market, with primary responsibility to optimise ESBI’s UK asset portfolio and trade on a speculative basis.

Using ESBI’s dispatch model, extracting intrinsic and extrinsic value from the company’s asset base (including UK generation assets and power interconnector capacity) and challenging the results from the dispatch model to determine if they make commercial sense.

Analysing the markets using fundamentals & technicals to develop a trading strategy, whilst understanding the regulatory issues which may affect the markets. Building models to help analyse gas and power markets.

Devising gas and power hedging strategies for ESBI’s retail and industrial supply arms and trading those strategies on the markets.

Identifying and approaching counterparties, liaising with the ESBI teams to instigate GTMA / ISDA contracts.

Key member of the team involved in setting up ESBI’s trading involvement in the European carbon markets.

NOMURA ENERGY MARKETING LTD, London

March 2010 – April 2011

Power, Gas & Emissions Trader

Responsibilities

Joined Nomura as a speculative trader when they acquired the Marketing Division of Nexen. Responsible for trading power, gas and emission in the UK, German and emerging European markets.

Market making in UK Power, German Power & Emissions markets.

Liaising with the Nomura sales and structuring teams to create markets for flow business and recommend trading ideas for Nomura’s clients.

Analysing the markets using to develop a trading strategy, whilst understanding the regulatory issues which may affect the markets. Building models to help analyse gas/power/emissions markets.

Liaising with the Singapore commodities team to manage the CER portfolio in China.

Providing market intelligence to the investment banking team to facilitate investor confidence with regard to the potential sale of European AAUs to foreign Kyoto protocol participants.

NEXEN ENERGY MARKETING LTD, London

Jan 2007 – Mar 2010

UK Power, Gas & Emissions Trader

Responsibilities

Identifying proprietary trading opportunities in this oil and gas asset based company and successfully initiating and implementing appropriate trading strategies. Trading on a speculative basis, including clean and dirty spark spreads, outright power, gas & emissions positions.

Providing the Nexen fleet of upstream installations with information regarding the carbon markets, proposing and executing informed hedging strategies.

Managing and optimising Nexen’s upstream beach gas portfolio, including day ahead SAP deals and index deals.

Assisting and advising the business development team on commercial opportunities.

Analysing the commodities market using a combination of technicals and fundamentals and built models upon which to base trading strategies.

INTERGEN, Edinburgh

June 2005 - Dec 2006

Shift Trader

Responsibilities

Optimising 1.5Gw of CCGT fleet on a continuous within-day basis.

Trading gas and power positions to minimise any financial loss to the gas and power system cash out prices while achieving power station optimisation within the UK.

Developed an excellent understanding of the factors that influence the gas & power markets in Europe.

Analysing the within day and day ahead power and gas markets to identify and take advantage of trends. Identifying arbitrage opportunities for the senior trading team.

TOTAL GAS AND POWER MARKETING, London

Dec 2000 to June 2005

Commercial Operations

Responsibilities

Notifying and balancing the gas and power portfolio across NW Europe. Optimising gas and power contracts to ensure optimal revenue.

Optimising Humber Power Station.

Scheduling of gas and power around various European systems.

Qualifications & Education

FSA

Unit 1 Regulations

2011

PGCE

Maths and Science, Loughborough University

1998-1999

B Eng (Hons)

Chemical Engineering, Birmingham University

1994-1998

3 A levels, 9 GCSE

Colfes School, London

1987-1994

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