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Prague Energy Exchange’s big plans to be central Europe’s power hub
20 July 2009
The head of the world’s fastest growing exchange in 2008 is anything but boastful. Yet as the Prague Energy Exchange’s David Kucera tells Agnieszka Troszkiewicz, the PXE hopes to be the nucleus of a regionwide electricity trading network.
Read more:
[Prague Energy Exchange]
[PXE]
[Prague Stock Exchange]
[Wiener Börse]
[Budapest Stock Exchange]
[Ljubljana Stock Exchange]
[electricity]
[power]
[David Kucera ]
The head of the world’s fastest growing exchange in 2008 is anything but boastful. Yet as the Prague Energy Exchange’s David Kucera tells Agnieszka Troszkiewicz, the PXE hopes to be the nucleus of a regionwide electricity trading network.
The Prague Energy Exchange was launched in March 2007 by its majority owner, the Prague Stock Exchange, and began trading in July the same year, offering physically settled electricity futures and spot contracts.
In 2008, it topped the ranking of the world’s fastest growing exchanges, as recorded by Futures and Options Intelligence, FOW’s news and data website. PXE’s total volume for that year was 2.1m contracts, compared to 3,771 the previous year.
At the end of May 2009, volume so far this year was only 5,063 contracts, but on a year-on-year basis that was still 37% growth, the 10th fastest of any exchange.
David...
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