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Nuon goes live with Xenon platform
Dutch utility Nuon has rationalised all its trading and risk management on single platform by adopting Sakonnet’s Xenon software.
UBS launches Global Warming Index
UBS Investment Bank has launched the UBS Global Warming Index (UBS-GWI). The UBS-GWI is a tradable benchmark for global investments in the weather derivatives market. It is constructed using liquid, actively traded Heating Degree Day (HDD) and Cooling…