The contract is designed to meet the need for non-physical players, such as banks, financial institutions and hedge funds, in Europe to participate in this market. "RWE is keen to support initiatives that increase liquidity in and between markets, and we are responding to interest from our non-physical customers who want to trade the swap," Nick Arnold, head of UK and European wholesale origination at RWEST, told Energy Risk.
The contract will allow participants to trade without having to sign
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