The chief executive of the Vienna-based exchange said the market benefited from its location at the heart of Europe
A little-known European gas hub has
emerged as the world's fastest growing futures and options
market last year when it increased its trading volume by a whopping 502.33%.
The Central European Gas Hub (CEGH)
reported double-digit growths every month of last year and this
was partly due, according to its chief executive, to its
location in the centre of Europe, bridging the West and East of
"Located in Vienna, the Central European
Gas Hub sits right on the border between the traditionally
illiquid central- and eastern European markets and the more
liquid western European market. The breaking up of that
illiquidity in the East had a big part in our growth last
year." CEGH chief executive officer Gottfried Steiner told
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