IPE Electricity Futures Go Live

The IPE will launch its Electricity futures contract on Monday 19 March 2001, following the confirmation yesterday by Peter Hain, Energy Minister, that NETA will go-ahead as planned, on 27 March.

The contract will open for trading at 9.30am on the IPE’s electronic Energy Trading System (ETS II). The first delivery month will be May 2001.

The launch of IPE Electricity futures heralds a milestone for the converging gas and electricity markets, enabling customers to manage price risk exposure in both commodities on one trading system.