New products on HUDEX gas segment
On the 1st of October 2019, new products will be introduced on HUDEX gas segment. The new developments will include Balance of Month (BoM), Seasonal and Yearly products.
The tradability of the BoM will start on the last working day of the preceding month and the delivery will run until the last calendar day of the delivery month.
The seasonal products will be broken down to two quarters (winter product consisting of Q4 and Q1 of the subsequent year; and summer product consisting of Q2 and Q3), while the yearly product will be traded based on a calendar year product period and can be traded up to 2 front years.
Product list and specification will soon be available.
HUDEX Hungarian Derivative Energy Exchange started its operation on 3 January 2018 as part of HUPX Group. The Company’s goal is to develop an electricity and natural gas derivative market on a regional level while providing continuous trading solutions on both market segments. For this very reason, HUDEX is continuously working on widening its product range and further optimise its service portfolio.