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

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Belpex Day-Ahead Market Belpex Continuous Intraday Market

Belpex Participants

BE +32 2 403 4650 info@belpex.be

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

data@apxgroup.com.

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.