Financial transaction tax could raise energy company hedging costs

FTT will increase hedging costs for energy companies and deter them from trading with financial counterparties, firms say

Energy firms say hedges will be hit by the financial transaction tax

A proposed European financial transaction tax (FTT) will raise costs for energy firms attempting to hedge their exposures and could push companies towards using more opaque bilateral deals, warn lawyers and market participants.

On February 14, the European Commission adopted a plan to enact an FTT across 11 European Union (EU) countries. The countries chose to co-ordinate their efforts using a process known as 'enhanced co-operation', after it became clear that broader agreement on an original

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 or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options


Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a 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