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European Energy Exchange AG Augustusplatz 9 04109 Leipzig, Germany http://www.eex.com/de/
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European Energy Exchange AG

EEX Group announce Open Interest transfer agreement for Dry Bulk Freight

LCH Ltd. to novate open Dry Bulk Freight positions to ECC

(PresseBox) (Leipzig/London, )
EEX Group has successfully reached an agreement with LCH Ltd. (LCH) in London to novate, subject to member agreement, open positions in Dry Bulk Freight FFA and option contracts from LCH to its clearing house European Commodity Clearing (ECC) by the end of 2017.

Planning and technical preparation for the open interest transfer will begin immediately, ensuring that position holders electing to transfer to ECC from LCH experience a seamless transfer from one clearing house to another.

The agreement, which is subject to the necessary approvals from the EEX Supervisory Board, signifies a major development for the Dry Bulk Freight sctabg bxt xjkstsfikd uzaglio liqnvurokvi mkqonunty gr ptl KZP Mwlsn’f zwhfkesl cs hzzbku ey ncitxxps jlfezd lszlbfb.

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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.