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
|Arraco Global Markets Ltd||Thomas Henry Roberts||E: firstname.lastname@example.org
P: +0044 207 858 9026
A: First Floor, Unit 2 Dolphin House, Riverside West, Smuggler’s Way, Wandsworth, London SW18 1DF, United Kingdom
|42 Financial Services a.s.||Tamas Migaly||E: Tmigaly@42fs.com
P: +420 233 084 255
A: Klimentska 46. 11002 Prague 1. Czech Republic
|Griffin Markets Limited||Nick Jackson||E: email@example.com
P: +44 207 808 4213
A: 86 Duke of York Square, London SW3 4LY, United Kingdom
|Tradition Ltd||Jason Curtis||E: firstname.lastname@example.org
P: +44 7595 242967
A: Beaufort House, 15 St Botolph Street, London, EC3A 7QX, United Kingdom
The automated clearing platform is not available for HUDEX Natural Gas segment.