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Deutsche Boerse launches EEX Asia in Singapore to grow in Asian commodity markets

Updated : November 01, 2018 07:06:16 IST

Deutsche Boerse, which has global ambitions for EEX, said it would rebrand its Singapore-based subsidiary Cleartrade Exchange (CLTX) as EEX Asia, offering futures contracts on freight and seaborne commodities such as fuel oil and iron ore.
German-based EEX is Europe's biggest bourse for trading power and also a leading exchange for natural gas, coal and carbon trading.
While it has established some links in Asia, including early product design projects with the Japan Electric Power Exchange (JEPX), Laege said electricity was not a priority for EEX Asia at this stage.
Deutsche Boerse launches EEX Asia in Singapore to grow in Asian commodity markets
Published : November 01, 2018 07:06 AM IST

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