HUDEX

HUDEX Hungarian Derivative Energy Exchange

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
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

 

The automated clearing platform is not available for HUDEX Natural Gas segment.