04 Aug 2014
IES Advisory completes review of Singapore Futures Trading Market
IESAdvisory recently completed its review of the newly formed Singapore Futures Market (EFM). The results found that vertical integration is significantly impacting market liquidity.
IES Advisory completes review of Singapore Futures Trading Market
IESAdvisory recently completed its review of the newly formed Singapore Futures Market (EFM). The results found that vertical integration is significantly impacting market liquidity. ‘Gentailers’ (or retailers who own generators) make up 63% of the total electricity consumed in Singapore and in many cases they do not need forwards market hedge coverage. Adding to the challenges is the fact that there is surplus generation capacity, and that currently there are more sellers than buyers in the market. The success of the market will be dependent on increased participation by these buyers.