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EPEX SPOT and ECC successfully launch After-Market products in Belgium and the Netherlands
Submitted
29/01/2021 - 10:13am
The European Power Exchange EPEX SPOT and its clearing house European Commodity Clearing (ECC) have successfully launched new After-Market contracts in Belgium and in the Netherlands.
These new offerings enable market participants to trade local hourly and 15 minute contracts even after delivery, until 12:30 pm CET for the Belgian market, and until 8:30 am on the day after delivery CET on the Dutch market. 21 members have registered for trading on the After-Market.
“After-Market contracts enable the adjustment of physical positions of our customers in the ex-post timeframe. By balancing their positions even after delivery, when all the final information on production and consumption is available, they are able to reduce their imbalance costs,” says Ralph Danielski, Chief Executive Officer of EPEX SPOT. “The addition of these contracts to our overall p