CME Europe CEO said in April exchange sees opportunity in gas and power
CME Group has said it will launch more
power contracts after it starts on June 15 phase one of CME
Europe’s power initiative with the launch of eight
European power contracts.
"We expect to add further power contracts
on additional market areas in due course, in order to offer our
clients choice and efficiency across their European energy
needs," senior director for energy EMEA at CME Group, Henrik
Hasselknippe, told FOW.
The CME's phase one comprises European
power futures contracts covering the German, French, Spanish
and Italian markets and are all cash-settled against the
leading power auctions for each market, said CME.
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