Mclean, VA – According to filings with the U.S. Securities and Exchange Commission, VECO Power Trading is raising $11,601,082.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, James Smist played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About VECO Power Trading

VECO is a trading firm that specializes in trading short-term electricity in domestic power markets. VECO supports efficient, competitive electricity markets through sound investment and trading. VECO’s management and trading staff have decades of combined experience in electric power and related commodities markets. As a result, the firm has deep expertise in analysis, technology, modeling, risk management, and research. VECO has deployed an advanced suite of proprietary tools and systems to facilitate fast-paced, daily trading in dynamic, volatile markets where success relies on a combination of extensive data analysis, deep fundamental research, and an understanding of the markets.

To learn more about VECO Power Trading, visit http://www.vecopowertrading.com/

Contact:
James Smist, Chief Executive Officer
703-714-8480

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