Colombia to open energy derivatives market, seeks CEO

Colombia to open energy derivatives market, seeks CEO 03 Jul 2009

The first energy exchange in Colombia is soon to start operating, in a project run by Bolsa de Valores de Colombia, the stock exchange, and XM, an affiliate of Interconexión Eléctrica – ISA, the electricity and telecoms group.

Juan Pablo Córdoba, president of BVC, told Futures and Options Intelligence that the new market, Derivex, was in the final stages of development and would start...

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“We have to limit overlap to only where it is beneficial, such as in joint enforcement. In these circumstances, the markets and the public may benefit from having a second cop on the beat.”

Gary Gensler, chairman of the CFTC, on how to coordinate jurisdiction with the SEC

FOi - Futures and Options Intelligence

Colombia to open energy derivatives market, seeks CEO 03 Jul 2009

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