Home » News » Wien Energie boss with clarification: Forward transactions were paused

Wien Energie boss with clarification: Forward transactions were paused

by Alexandra Hartman Editor-in-Chief

Futures transactions were immediately paused on Friday following the price explosion. “After the extreme incidents on Black Friday, we decided to temporarily suspend the sale of electricity on the futures market as a short-term emergency measure,” Strebl said in the broadcast.

Spot market

Trading on the spot market – to ensure security of supply – continues, according to the broadcast. On the spot market you have to deposit less collateral than in the forward transaction. At the same time, it also offers less price stability.

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