Intercontinental Exchange, a designer, builder and operator of digital networks, recently added Japanese Power Futures to its global energy offerings.
“By offering Japanese Power Futures on a single platform alongside our natural gas, coal, oil, clean energy attributes and carbon contracts, ICE is providing customers with a critical edge in navigating energy markets,” Gordon Bennett, ICE managing director of utility markets, said. “Secondary fuels including electricity are produced through the conversion of primary energy sources like natural gas, coal and oil, and the price of electricity is derived from the interaction of these competing input fuels, all of which trade on ICE. Natural gas and coal make up the majority of Japan’s electricity generation and through trading of these contracts on ICE, customers benefit from improved price dissemination.”
Four Japanese Power Financial Baseload and Peakload Futures will cover the Tokyo and Kansai areas. Customers will have access to the day-ahead auction price of the Japanese Electric Power Exchange and can spread trade between Tokyo and Kansai.
Japanese Power Financial Futures will be offered in monthly, quarterly and seasonal contracts and as a calendar and fiscal year contract.
ICE provides financial technology and data services. Its futures, equity, and options exchanges and clearing houses help people invest, raise capital and manage risk.