Spectron brokers first UK month-ahead power index deal
Interdealer broker Spectron's UK power desk yesterday brokered the first reported trade based on the new London Energy Brokers' Association (LEBA) Month-ahead UK Power index.
The 16.00 to 16.15 LEBA index window, launched in late June, coincides with the afternoon window for the Month-ahead UK natural gas market. "The hope is that it could help stimulate increased liquidity in the front months of the UK power price curve," says Chris Barton, head of UK Power at Spectron. "This could ultimately
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