Singapore Exchange to set up electricity futures market


The proposed electricity futures market, which SGX said will be Asia's first, will help electricity generating companies and other market participants improve asset optimisation and better manage risks.

SINGAPORE: Singapore Exchange Ltd , the city-state's stock and futures market operator, said on Monday it is developing an electricity futures market that it hopes to launch by end-2014.

The proposed electricity futures market, which SGX said will be Asia's first, will help electricity generating companies and other market participants improve asset optimisation and better manage risks.

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