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Chef Risk Officer to leave ECC

Chef Risk Officer to leave ECC
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Commodity-clearing

ECC to provide clearing services for Slovenian power spot markets

European Commodity Clearing (ECC) is to launch clearing services in the power intraday continuous and day ahead markets in Slovenia in April 2024. Subject to regulatory approval, the extension of clearing services will be implemented in co-operation with the local exchange, BSP Energy Exchange LLC (BSP). With the additional new services, ECC will now offer power […]

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Energy-exchange
European-commodity-clearing
Commodity-clearing

Concentration risk ticks up at large CCPs

EEX bourse requires EU antitrust okay for Nasdaq deal, EU says

EEX bourse requires EU antitrust okay for Nasdaq deal, EU says
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EEX bourse requires EU antitrust okay for Nasdaq deal, EU says

BRUSSELS (Reuters) -Deutsche Boerse's European Energy Exchange (EEX) has to seek EU antitrust approval for its acquisition of Nasdaq's European power trading and clearing business because of its importance to Europe's energy market, EU antitrust regulators said on Monday. The European Commission, which acts as the competition enforcer for the 27-country European Union, said it had been asked by Denmark, Finland, Sweden and Norway to examine the deal even though the acquisition falls below the EU merger rules on turnover.

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