Changes for page OTC, ENDEX, EPEX and EPTA
Last modified by Bart Verheecke on 2024/05/04 20:08
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... ... @@ -1,8 +1,8 @@ 1 - Hetverschiltussen OTC (Over-The-Counter), ENDEX (European Energy Derivatives Exchange), EPEX (European Power Exchange),en EPTA (European Power Trading Association) ligtin hunfunctieen structuur inde energiemarkt:1 +the difference between OTC (Over-The-Counter), ENDEX (European Energy Derivatives Exchange), EPEX (European Power Exchange), and EPTA (European Power Trading Association) lies in their function and structure in the energy market: 2 2 3 -1. **OTC (Over-The-Counter)**: Ditverwijstnaarde handelin financiëleinstrumenten,zoals aandelen,obligaties, derivaten,ofcommodities,die direct tussen tweepartijenplaatsvindtbuitende reguliere beurzen om. OTC-handelismindergereguleerdenkanmeeropmaatgemaakteovereenkomstenomvatten.4 -1. **ENDEX (European Energy Derivatives Exchange)**: Ditwaseenbeurswaar energiederivaten,zoals optiesen futures opgasen elektriciteit, werdenverhandeld. ENDEXboodengereguleerdeen transparantemarktvoordeze instrumenten.Dezebeursis echterovergenomendoor ICE Endex,onderdeelvande Intercontinental Exchange.5 -1. **EPEX (European Power Exchange)**: EPEX is eenbelangrijkeelektriciteitsbeursin Europaen faciliteertde handelinelektriciteitover korte termijnen(dag-en intradaymarkten). EPEXbiedteentransparanteengereguleerdemarktplaatsvoordehandelinelektriciteitenspeelteenbelangrijkerol inde Europeseenergiemarkt.6 -1. **EPTA (European Power Trading Association)**: Ditisgeenhandelsplatform,maareen brancheorganisatiediedebelangenvertegenwoordigtvanbedrijvendieactiefzijnin dehandelinelektriciteiten gas in Europa. EPTAricht zichop hetbevorderenvaneerlijkeen efficiënteenergiemarktenenhet beïnvloedenvan regelgevinginde energiesector.3 +1. **OTC (Over-The-Counter)**: This refers to trading in financial instruments, such as shares, bonds, derivatives or commodities, that takes place directly between two parties' stock exchanges. OTC trading is less regulated and can involve more customized agreements 4 +1. **ENDEX (European Energy Derivatives Exchange)**: This was an exchange where energy derivatives, such as options and futures on gas and electricity, were traded. ENDEX provided a regulated and transparent market for these instruments. However, this exchange has been taken over by ICE Endex, part of the Intercontinental Exchange. 5 +1. **EPEX (European Power Exchange)**: EPEX is an important electricity exchange in Europe and facilitates short-term electricity trading (daily and intraday markets). EPEX offers a transparent and regulated marketplace for electricity trading and plays an important role in the European energy market. 6 +1. **EPTA (European Power Trading Association)**: This is not a trading platform, but a trade organization that represents the interests of companies active in electricity and gas trading in Europe. EPTA focuses on promoting fair and efficient energy markets and influencing regulations in the energy sector. 7 7 8 - Kortom, OTC iseen maniervanhandelenbuitengereguleerdebeurzen, ENDEXwaseenspecifiekebeurs voor energiederivaten(nudeel vanICE Endex), EPEX iseen actieve elektriciteitsbeurs,en EPTA iseenbrancheorganisatievoor energiehandelaars.8 +In short, OTC is a way of trading outside regulated exchanges, ENDEX is a specific exchange for energy derivatives (now part of ICE Endex), EPEX is an active electricity exchange, and EPTA is a trade association for energy traders.