As a result of the closing, APX will assume responsibility for the operations of UKPX from July 1, 2004.
UKPX was established in 2000 as Britain's first independent power exchange. Today UKPX offers its 49 members an anonymous market place for trading, clearing and notification of spot and futures contracts. Over the period January-May 2004, traded volumes amounted to 14,608 GWh for spot and futures contracts.