Borsa Italiana to launch power derivatives
Borsa Italiana's power derivatives subsidiary IDEX will offer the trading of cash-settled power derivatives based on the PUN settlement price later this year, according to the exchange. The initiative is designed “to attract financial operators and increase market liquidity”.
The first instruments to be traded will be baseload futures contracts with a monthly, quarterly and yearly delivery period. Participants already active in Borsa Italiana’a derivatives market IDEM will have access to IDEX
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