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EEX To Launch Austrian Power Future And extend Phelix-DE Future Products

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In response to the planned split of the German-Austrian price zone, the European Energy Exchange (EEX) will launch a financially settled power future for the Austrian market area. Scheduled to launch on 26 June 2017, the new products will comprise base and peak contracts with a monthly, quarterly and yearly maturity. With the introduction, EEX provides an additional product suite that allows exchange members to hedge against prices changes in the domestic Austrian market. 

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