Weather expected to play key role in success of new contracts, said EEX COO
The European Energy Exchange (EEX) has
selected September 14 for the launch of its new 'cap
futures’ contracts, marking the latest step in the
exchange’s expansion plans.
The future is a financially-settled
derivatives contract developed by the exchange, in response to
a "market which has developed further in the context of the
energy turnaround," it said.
Marking September 14 for the launch, the
exchange said Monday that derivatives trading participants will
be able to hedge against price peaks that may occur on the
German intraday market.
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