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Thursday, 17 December 2015

Polish Power Exchange introduced future contracts for electricity (+ description of a standard contract)

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At the beginning of November (2015), Polish Power Exchange ( in Polish: Towarowa Gielda Energii, TGE) introduced trading of futures contracts for electricity. The introduction of future contracts to the Polish Power Exchange was based on the decision of Ministry of Finance from February 23, 2015 which authorized trading derivatives on commodities on the Market in Financial Instruments ( Polish: MiFID), which will be run by the Power Exchange.