Australia will open a new exchange in March next year. Financial Energy Exchange (FEX) is an independently funded project being established with platform support from OMX and clearing provided by The Clearing Corporation.FEX founder Brian Price told FO Week the new exchange is “targeting a relatively comprehensive product set within the confines of the energy and related sectors”. FEX’s first products are likely to be crude oil, natural gas and “related financials”. The exchange conducted...