EEX & Amerex join to clear coal

Interdealer broker Amerex has joined Leipzig-based European Energy Exchange (EEX) as a broker enabling Amerex's clients to use the EEX's over-the-counter clearing facility. The cooperation will include the clearing of coal transactions both brokered by telephone and concluded via Amerex's electronic platform.

This joint initiative is designed to increase liquidity as well as to encourage a number of new companies to join the financial coal market. The clearing of transactions through the Euro

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