UK Electricity

Billions of pounds worth of UK electricity are traded through Spectron each year. As one of the most established marketplaces for UK power, Spectron has been instrumental in a number of key market developments over the years, including the creation of the short-term market and the growth in spark spread trading. Spectron was the first broker to set up a successful electronic trading platform for electricity, the first to develop and market the dirty and clean spark spreads, the first to offer OTC clearing, the first to introduce straight-through processing of trades, and the first to launch an audited set of indices, with its UK Power Index endorsed by UK regulator Ofgem and used as the backbone of the Scottish Wholesale Price. 

Spectron’s integrated OTC marketplace offers clients the ability to trade a variety of products, including: physical electricity, swaps, options, inter-period spreads, irregular profiles, spark spreads and dark spreads, from Day-ahead out to 10 years ahead.

UK Electricity market definitions

Contacts
Trading enquiries Chris Barton +44 20 7823 4499
Data/Screen enquiries Richard Frape +44 20 7074 2008

Spectron also publishes a range of European power indicies, which have been become key pricing benchmarks for many market participants.