Key Takeaways
- • SEDA Experts LLC, a New York-based expert witness firm specializing in financial services, announced on October 13, 2026 that Fletcher J. Sturm has joined as Managing Director, expanding its energy and commodities practice.
- • Sturm brings 35 years of experience across North American natural gas and electricity markets, including leading U.S. natural gas derivatives trading at UBS Investment Bank.
- • Managing Partner Peter Selman said the hire adds extensive energy expertise, particularly in natural gas, to the firm and its clients.
- • Sturm's career spans Enron, UBS, Diamondback Capital, Cogent Energy Investment Management, and Xpansiv Data Systems, and he is the author of Trading Natural Gas: A Non-Technical Guide.
Summary
SEDA Experts LLC, a firm providing financial expert witness services, announced on October 13, 2026 (GLOBE NEWSWIRE, New York) that Fletcher J. Sturm joined the firm as Managing Director. The appointment expands SEDA's energy and commodities practice. Managing Partner Peter Selman said the firm was pleased to add Sturm's experience in energy, especially natural gas, for the firm and its clients.
Sturm is described as an energy markets specialist with 35 years of experience across North American natural gas and electricity markets. His expertise covers physical and financial energy trading, commodity derivatives, portfolio management, energy risk management, environmental commodities, and energy market development. He is best known for leading U.S. natural gas derivatives trading at UBS Investment Bank.
His career includes senior roles at Enron, where he rose to Vice President and served as Head Basis Trader before leading Midwest and Southeast wholesale electricity trading. After Enron's wholesale trading business was acquired, he joined UBS, where he managed the U.S. natural gas derivatives desk and acted as a market maker in natural gas and power derivatives. He later was a Portfolio Manager at Diamondback Capital, managing discretionary natural gas strategies, and became Managing Partner and co-founder of Cogent Energy Investment Management, a registered Commodity Trading Advisor focused on North American natural gas and power markets, where he also played a leading role in capital raising and business development.
Most recently, Sturm served as VP Market Development at Xpansiv Data Systems, developing products and markets for digital environmental commodity assets linked to natural gas. He also advises market participants through Sturm Advisory Services. He is the author of two editions of Trading Natural Gas: A Non-Technical Guide and holds a Bachelor of Science in Economics from Pennsylvania State University.
Sturm is described as an energy markets specialist with 35 years of experience across North American natural gas and electricity markets. His expertise covers physical and financial energy trading, commodity derivatives, portfolio management, energy risk management, environmental commodities, and energy market development. He is best known for leading U.S. natural gas derivatives trading at UBS Investment Bank.
His career includes senior roles at Enron, where he rose to Vice President and served as Head Basis Trader before leading Midwest and Southeast wholesale electricity trading. After Enron's wholesale trading business was acquired, he joined UBS, where he managed the U.S. natural gas derivatives desk and acted as a market maker in natural gas and power derivatives. He later was a Portfolio Manager at Diamondback Capital, managing discretionary natural gas strategies, and became Managing Partner and co-founder of Cogent Energy Investment Management, a registered Commodity Trading Advisor focused on North American natural gas and power markets, where he also played a leading role in capital raising and business development.
Most recently, Sturm served as VP Market Development at Xpansiv Data Systems, developing products and markets for digital environmental commodity assets linked to natural gas. He also advises market participants through Sturm Advisory Services. He is the author of two editions of Trading Natural Gas: A Non-Technical Guide and holds a Bachelor of Science in Economics from Pennsylvania State University.
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.