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Reliable, robust and intuitive trading platform. Provides anonymous trading and a dedicated customer support 7 days a week.
Belpex Spot Market
spot exchanges. APX is also the central
clearing counterparty to all trades executed
on the APX and Belpex platforms.
Belpex Spot Market is a short term, physical
power exchange for delivery and off-take
of electricity on the Belgian hub. Belpex
Spot Market facilitates anonymous,
cleared trading in two different market
segments: a Day-Ahead Market segment,
and a Continuous Intraday Market seg-
ment. Those two market segments
are complementary, transparent and
anonymous, accessible via reliable and
secure electronic platforms.
OverviewThe Belgian power exchange Belpex
was launched in 2006 as a result of the
opening of the European electricity
markets. Belpex offers an anonymous
market place for integrated trading,
clearing and notifi cation for Day-Ahead
and Intraday power contracts.
Belpex is a 100% subsidiary of APX Group,
which operates the Dutch and UK power
The Belpex Spot Market offers:
Anonymous trading
Short term, physical trading
Delivery on the Belgian hub
via the Elia nomination system
Hourly trading periods
and contracts
Clearing and settlement facilities
provided by central counterparty
APX Clearing B.V.
Part of the wider Central Western
European price coupling and
integrated with the Dutch, French,
German, British and the Nordic
electricity markets
1/2013
Belpex Power - Volume & Membership 2006 - 2012
20
18
16
14
12
10
8
6
4
2
0
45
40
35
30
25
20
15
10
5
0
Volu
me/
TW
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Exc
hang
e M
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ip
2006 2007 2008 2009 2010 2011 2012
Belpex Day-Ahead Market Belpex Continuous Intraday Market
Belpex Participants
BE +32 2 403 4650 [email protected]
Clearing & Settlement All contracts are traded anonymously, then
cleared and settled by APX Clearing B.V.
on behalf of participants. All participants
are required to lodge collateral in the
form of Cash or Letter of Credit in excess
of outstanding exposures at all times.
PartnersBelpex, via APX, counts on a strong
shareholder structure being composed
of the power transmission system
operators in Belgium and the Netherlands;
Elia and TenneT.
The strong shareholder structure of APX
and Belpex allows the different partners
all together to offer vast market value.
The experience of its shareholders gives
Belpex the chance to deliver reliable
Day-Ahead Market The core activity of Belpex is the Day-Ahead
Market, an auction where trading takes
place for the delivery of electricity the
next day. Belpex market participants submit
their orders electronically, after which
supply and demand are compared and
the market price is calculated for each
hour of the following day. Hourly orders and
flexible block orders can be submitted.
Continuous Intraday Market The Belpex Continuous Intraday Market
offers Belpex participants the opportunity
to continuously trade power products in
hourly intervals as well as freely definable
block orders up to 5 minutes prior to
delivery. The Cross-Border Intraday solution
provides an integrated Intraday market
linked with the Dutch and Nordic markets.
EuroLight® & ElbasThe EuroLight platform is a robust and
versatile system offering secure and
anonymous trading across all APX and
Belpex spot markets, with the exception
of the Continental Intraday markets.
Intuitive screens and flexibility of set-up
are complemented by real-time collateral
monitoring to allow for fast, efficient
trading in our markets. The Elbas platform
is used for trading in the Intraday
market and offers cross border capacity
allocation functionality.
products and to quickly react to the
needs of the market.
Market Data Belpex has developed a range of data
products across its energy markets. Our
trusted industry indices have continually
proved to be robust and reliable, providing
solid foundation for analysis and fore-
casting. Belpex data is utilised by a wide
range of professionals, from generators to
journalists, and the Belix index is regularly
used as a reference price within contracts.
Our dedicated market data team is able
to provide data sets on request free
of charge. For further information about
Data Products please contact Belpex
Data Services on +31 20 305 4038 or
BelpexBelpex operates power spot exchange
in Belgium and is part of APX Group,
operating in the United Kingdom,
the Netherlands and Belgium. As an
experienced and innovative European
energy exchange, we offer an efficient,
transparent and secure electronic
trading environment and provide market
data for use by traders, energy suppliers
and energy-intensive industries.
APX and Belpex have over 150 member-
ships on their markets from more than
15 countries. The offices are located
in Amsterdam, Brussels, London and
Nottingham.