Icap offers cleared broking service to Iberian electricity market

According to Icap, the service will compliment the exchange trading of derivatives contracts in the Spanish and Portuguese power markets, currently hosted by energy exchange Omip. OTC trades will clear through Omip's OMIClear platform.

Icap currently offers similar services in Nordpool, Germany, France and the Czech Republic.

Omip and OMIClear board member Paulo Sena Esteves says Icap's service will help encourage the growth of liquidity. "Our understanding is that the market needs to grow and has

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 [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

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: