Record volume on HUPX PhF market in October – Hungary, 14 November 2017

Hungarian energy exchange HUPX said that Physical futures market of HUPX reached a two-year record trading volume of 1,638.3 GWh in October. The amount is 145.4 % higher than the volume of last October and 240 % higher than that of this September.
CEO of HUPX Peter Toth said that outstanding performance and growing liquidity also result in the fact that a new financial market, Hungarian Derivative Energy Exchange (HUDEX) is about to launch with over 35 members in January 2018, adding that HUPX Physical Futures market has a significant role in the region, which is due in particular to the company’s efforts that besides compliance with legislative requirements, it pays particular attention to the implementation of the requirements of the market participants.

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