GDF Suez boosts Hungarian electricity market

The Brussels-based trading arm of GDF Suez yesterday extended its market making service for Hungarian futures traded on the Prague Energy Exchange (PXE).

The company has provided liquidity for the Czech and Hungarian markets since May, and is now quoting prices on CAL11 and CAL12 baseload for the first time in Hungary's power market.

"For the first time in history of the Hungarian power market a participant is openly quoting multiple years in advance, which is a great support for both liquidity and transparency," says David Kuèera, PXE general secretary.

PXE's Slovak power futures has also experienced higher quoting interest on baseload products

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options


Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here