Parity Energy was launched in 2006 by Charles Reyl, president, and Lou Pellathy, vice-president, brokerage. Reyl had formerly been a principal at Kiodex, a risk management software provider, and Pellathy managed the crude options desk for Man Financial’s energy-focused brokerage. Both felt the energy derivative market was becoming more technologically sophisticated as the likes of Globex and IntercontinentalExchange began to list energy futures electronically. Parity Energy was created to do the