Monthly Archives: August 2012

Federal Court Approves Settlement of Antitrust Case Involving the Use of Derivatives to Support Market Gaming in the NYISO Capacity Market

Federal Judge William H. Pauley III approved the settlement of an antitrust case arising from the alleged use of a financial derivative contract between KeySpan and Morgan Stanley to support gaming of bids in the NYISO electricity capacity market. According to the Times Dealbook Blog, The Morgan Stanley case was the first attempt by the Justice Read more…

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