EU’s gas price caps could ‘kill’ the market, Ice official warns
Isda AGM: Price controls discourage investment and undermine market confidence, Edmonds says
The European Union’s price cap on gas futures could fatally undermine the bloc’s energy markets, a senior executive at Ice has warned.
“I don’t think any of us in this industry have a long-term future if we’re going to have artificial price signals imposed on us,” said Christopher Edmonds, chief development officer at the exchange operator, speaking on a panel at the International Swaps and Derivatives Association’s annual general meeting in Chicago earlier today (May 11).
Edmonds argued the
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