Amaranth market manipulation
Provided prefile, deposition, and trial testimony as a rebuttal on behalf of FERC Enforcement Staff in FERC proceedings in the Amaranth market manipulation case. Analysis found statistically significant price reversals, consistent with alleged NYMEX settlement price manipulation, that Amaranth’s at-issue trading differed from its historical trading pattern, and that there was no evidence market fundamentals caused the at-issue price movements.