Trayport links cleared OTC energy trades to LCH.Clearnet

OTC trades in UK power and gas, European power and gas, coal, freight and carbon will be electronically submitted to LCH.Clearnet."The London Energy Brokers Association (LEBA) has expressed support for this new initiative which has already gone live with carbon emissions trading but will also include other asset classes in spot and futures markets such as freight derivatives," says Isabella Kurek-Smith, director of energy and freight at LCH.Clearnet.Dan Smith, head of broker systems business