欧洲能源现货交易市场结构分析

Analysis of the Market's Construction in Spot Trading of the European Energy Exchange

重点探讨了欧洲能源交易市场的市场结构和运作特点。欧洲能源交易市场是欧洲大陆上最大的能源交易场所,因此对市场参与者的管理是交易所的重要任务。欧洲能源交易市场建立了大量的规章制度来规范交易参与者的行为,以规避交易参与者联合操纵市场的风险。

This text focuses on the point of market's construction and the operating characteristics in spot trading of the European Energy Exchange. The European Energy Exchange is the biggest energy trading market in European Continent. So it is important for the spot trading market to manage the trading participants. The trading participants' behavior in spot trading is bound as laws, regulations, and rules in order to prevent from risks of market power controlled by trading participants.