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EEX Group to launch clearing services for Japanese Power Derivatives in 2020
As a Global Commodity Exchange, EEX Group has a proven track record in power trading, recording the largest power trading volume worldwide in both 2017 and 2018. The new clearing offering for Japanese Power Derivatives will bring together the wholesale electricity community in Japan, including domestic ultilities and retail suppliers, with EEX Group’s expansive network of international trading participants, market access providers, brokers and clearing banks.
Peter Reitz, CEO of EEX comments, “As EEX Group, we are determined to support the further development of the fast-growing Japanese power market. We will continue to work closely with the industry, both in Japan and overseas, in order to provide the market with risk management tools to hedge against price risks, thereby increasing the overall transparency and security of the market.“
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