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冰白利开始Energy Trading

Electricity trading exchange BRIX has started Brazil electric-energy trading with 30 participants.

    Electricity trading exchangeBRIXhas started Brazil electric-energy trading with 30 participants,The Wall Street Journalreports. The BRIX, set up by Brazilian billionaireEike BatistaandIntercontinentalExchange(ICE) in April, aims to triple trading of contracts in Brazil’s free energy market over the next three to five years to about $48.4 billion.

    The exchange also secured financing from other investors, includingRoberto Teixeirada Costa, a partner at theProspectivaconsulting firm, andJosue Gomes da Silva, CEO of textile companyCoteminas. Active trading on the exchange is expected to be followed by the publication of an index tracking spot markets.

    Click here for the story fromThe Wall Street Journal.

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