Czech commodity exchange powers up

The Prague Stock Exchange (PSE), with the support of the Czech Ministry of Industry and Trade, is in the process of establishing a new energy commodity exchange, Energetická Burza. The new exchange will rely on the PSE’s established trading systems, and its initial trading activity will be in the domestic power market.

“The electricity business will be the pilot project of the new commodity exchange,” says Petr Koblic, CEO of PSE. “It is crucial to link together financial and commodity markets, a trend we are seeing across Europe, and I am glad to be among the pioneers. We want the new commodity exchange to become a significant regional player in a short period of time, backing up the good reputation of the Prague Stock Exchange. Its capital background and transparency will ensure stability for the energy

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