When Markets Break Episode 1 | Beau Taylor, Former Global Head of Energy Sales & Trading, J.P. Morgan

In our inaugural episode of When Markets Break, David Greely welcomes Beau Taylor, J.P. Morgan's Former Global Head of Energy Sales & Trading to the SmarterMarkets™ studio to recount his experience in the U.S. Natural Gas market following Hurricane Katrina. Together they explore the risk miscalculations, market conditions, and elements of human nature that led to one of the largest hedge fund collapses on record.  In the episode, Greely and Taylor revisit how a multi-strategy hedge fund transformed into one big bet on winter natural gas prices, why their collapse didn’t lead to wider systematic distress in the financial market, and what learnings we can apply to better manage volatility in today’s LNG markets.

Om Podcasten

What are SmarterMarkets? They leverage technology to create markets that are more liquid, transparent, and secure, with lower transactions costs and fewer barriers to entry. Markets that empower individuals to improve their own lives and help us address the biggest challenges that we face as a society — including climate change and the energy transition. How do we build SmarterMarkets? We’re starting with our weekly podcast exploring how both markets and technology can be redesigned to better serve market participants and society as a whole. The podcast, presented by Abaxx Technologies, brings together the entrepreneurs, icons, and executives of commodities, capital markets and technology to rant on the inadequacies of our systems and riff on ideas for how to improve them.