EEX launches French physical power futures

The French move is a clear challenge to Paris-based power exchange Powernext. “Our main aim is to gain a foothold in the French market,” said EEX spokesman Mario Groß, but he would not comment on the market share targeted by the German exchange.

EEX started offering French baseload and peak-load year futures today (Monday, August 29) – five contracts had traded by noon. From October, the range of products will include quarterly futures, and by the end of December, monthly futures.

The Nether

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