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European Commodity Clearing AG Augustusplatz 9 04109 Leipzig, Germany http://www.ecc.de
Contact Ms Katrin Berken +49 341 2156202
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European Commodity Clearing AG

ECC launches Clearing and Settlement for new Gas Exchange on the Central European Gas Hub (CEGH)

(PresseBox) (Leipzig, )
Last Friday, European Commodity Clearing AG (ECC) successfully launched clearing and settlement of transactions in natural gas concluded on the CEGH Gas Exchange of the Vienna Stock Exchange.

Trading on the CEGH Gas Exchange is carried out via the systems of the Vienna Stock Exchange and physical settlement is provided on the basis of exchange trading via the CEGH distribution points. Initially clearing and settlement by ECC comprises the spot market with two natural gas dayahead products with delivery at the virtual trading points Baumgarten and Oberkappel.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.