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European Commodity Clearing AG Augustusplatz 9 04109 Leipzig, Germany http://www.ecc.de
Contact Ms Eileen Hieke +49 341 2156216
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European Commodity Clearing AG

ECC launches clearing services for PXE

(PresseBox) (Leipzig, )
Today, the European Commodity Clearing (ECC) successfully launched clearing and settlement services for all transactions concluded on the Praguebased POWER EXCHANGE CENTRAL EUROPE (PXE).

With the start of clearing for PXE, ECC enhances its clearing offer to Czech, Slovak and Hungarian Power Futures listed on PXE as well as trade registration for those products. Open positions in these products have already been transferred to ECC. Furthermore, ECC provides financial settlement for trades concluded on the common day-ahead market platform of PXE and OTE. With this step, the clearing house further expands its market reach into Eastern Europe.

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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.