COMPANY OVERVIEW 

 APM Business Model

APM Mission Statement

APM Vision 

APM Business Model

"As Agent" Approach, Based on Trading Authority Policy

APM does not trade on its own account, and in fact is not authorized by its board of managers to do so.  APM transacts in the market "as agent" for its Owners and Clients.

A detailed and formally approved Trading Authority Policy gives APM the authority to transact on behalf of an Owner or Client.

If an Owner or Client desires that APM pursue a selected transaction outside the limits of the Trading Authority Policy (such as a longer-dated transaction, or a transaction triggered by a specific price threshold), APM will go through a formal transaction request process.

Developing a Customized Hedging Strategy

APM helps its Owners and Clients manage risk as an extension of their staff.

APM can assist an Owner or Client to develop and optimize their energy portfolio, whether they are managing a future short position (needing to purchase power and capacity) or a future long position (needing to sell power and capacity).

APM does this by creating a customized hedging strategy, and then engaging in market transactions consistent with that strategy.

Supporting Owner and Client Objectives

APM recognizes that energy portfolios must be optimized and hedged in a manner that meets an Owner or Client's specific trading objectives.  APM will utilize its collective capabilities and market intelligence to support those specific objectives.

Control Services to Manage Risk

Additionally, APM has a full complement of control services in place, such as transaction capture and verification.  These services mitigate many types of risk - such as counterparty contract and credit risk, settlement error risk, the risk of errors and fraud from transaction execution, etc.

Price Transfer Policy

Finally, APM has in place a strict price transfer policy supported by internal control processes.

These ensure that transactions conducted between different Owners and Clients are within the traded range of current market prices.

They also ensure that APM can balance the goal of obtaining the highest market price possible for sales on behalf of Owners and Clients with the goal of obtaining the lowest market price possible on a purchase transaction. 

APM Mission Statement

Through Leadership, Innovation, Knowledge and Integrity, ACES Power Marketing will Provide Quality Energy Risk Management and Trading Solutions to a Broad Range of Industry Participants. 

APM Vision

To Become the Leading Energy Risk Management and Transaction Execution Services Company in the Energy Industry.