Brokers
From April 2018 onward an automated clearing platform (STP - Straight Trough Processing) service is available to facilitate the clearing of OTC transactions. For members of the HUDEX Power segment the new service provides an automated platform for their OTC transactions’ financial settlement by a central counterparty, thus reducing counterparty risk, administrative burdens and costs.
Since the majority of Hungarian power futures deals is traded in the form of over-the-counter (OTC) transactions, HUDEX decided to introduce new discount offers from June 1, 2020 for both brokers and traders trading on its market. For further information on the current HUDEX OTC registration prices and discounts visit or webpage HERE
Please find our presentation on the Benefits of OTC clearing on HUDEX here: Benefits of OTC clearing on HUDEX
| Name of OTC Brokers entitled to use the Broker Trading System, the automatically supported clearing solution for transactions | Address | Market Segment | Contacts |
|---|---|---|---|
| 42 Financial Services a.s. | Klimentská 1216/46 110 00 Praha 1 Czech Republic |
Power | Tamas Migaly E: Tmigaly@42fs.com P: +420 233 084 255 |
| ICAP Energy Limited | Storetvetvegen 96 5072 Bergen Norway |
Power | Matt Miller E: matt.miller@icap.com T: +31 6 5190 3243 |
| Tradition Financial Services Ltd. | 1st Floor Beaufort House 15 St Botolph Street London EC3A 7QX |
Power | Charlie Hicks E: Charlie.hicks@tradition.com T: +44 7788 913002 |
| Griffin Markets Limited | 40 rue du Louvre Paris 75001 France |
Power | Nick Jackson E: nick.jackson@griffinmarkets.com T: +44 207 808 4213 |
| GFI Securities Ltd | 1 Snowden Street, London EC2A 2DQ, United Kingdom | Power | Aleksander Dimov E: Aleksandar.Dimov@gfigroup.co.uk |
| GMG Europe BV. | 3A.11, Laarderhoogtweg 7, 1101 DZ, Amsterdam, The Netherlands | Power |
Jason Curtis P: +44 7595 242 967 |
| Name of Brokers entitled to use the OTC Clearing Registration Platform, the manual solution for clearing transactions | Address | Market Segment | Contact |
|---|---|---|---|
| 42 Financial Services a.s. | Klimentská 1216/46 110 00 Praha 1 Czech Republic |
Power and Gas | Tamas Migaly E: Tmigaly@42fs.com P: +420 233 084 255 |
| ICAP Energy Limited | Storetvetvegen 96 5072 Bergen Norway |
Power and Gas | Matt Miller E: matt.miller@icap.com T: +31 6 5190 3243 |
| Tradition Financial Services Ltd. | 1st Floor Beaufort House 15 St Botolph Street London EC3A 7QX |
Power and Gas | Charlie Hicks E: Charlie.hicks@tradition.com T: +44 7788 913002 |
| Griffin Markets Limited | 40 rue du Louvre Paris 75001 France |
Power and Gas | Nick Jackson E: nick.jackson@griffinmarkets.com T: +44 207 808 4213 |
| Enmacc GmbH | Ridlerstraße 57 80339 Munich Germany |
Gas | Tsvetelina Samovolska E: tsvetelina.samovolska@enmacc.com |
| GFI Securities Ltd | 1 Snowden Street, London EC2A 2DQ, United Kingdom | Power | Aleksander Dimov E: Aleksandar.Dimov@gfigroup.co.uk |
| GMG Europe BV. | 3A.11, Laarderhoogtweg 7, 1101 DZ, Amsterdam, The Netherlands | Power |
Jason Curtis P: +44 7595 242 967 |
The automated clearing platform is not available for HUDEX Natural Gas segment.