Power Exchange Central Europe

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Power Exchange Central Europe
Power Exchange Central Europe Logo.png
Founded 2007
Headquarters Prague
Website pxe.cz

Power Exchange Central Europe (PXE) offers power trading for Czech, Slovak and Hungarian power, using anonymous trading with standardized products with secured settlement.


History

PXE was founded on January 8, 2007. It is a subsidiary of the Prague Stock Exchange and part of the CEE Stock Exchange Group (CEESEG). PXE began trading with Czech electricity in July 2007. It began trading Slovak and Hungarian electricity in 2008 and 2009 respectively.

PXE launched Czech Financial Futures in 2010, and Slovak and Hungarian Financial Futures launched in 2012.[1]

Products and Services

On December 9, 2013, PXE and the Austrian Central European Gas Hub AG (CEGH) launched the CEGH Czech Gas Futures Market, offering derivatives products with delivery to the Czech Virtual Trading Point. European Commodity Clearing, part of European Energy Exchange, provides clearing.[2][3]

Key People

References

  1. About PXE. Power Exchange Central Europe.
  2. CEGH Czech Gas Futures Market successfully launched on 9 December 2013. Press Release.
  3. Prague energy bourse launches gas futures trading. Reuters.