European gas and power markets are set for a dramatic expansion, ending years of trading within a narrow daytime window. The trading hours are permanently set to stretch to 21 hours, a shift that arrives amidst intense market volatility driven by geopolitical tensions.Despite recent ceasefire announcements, European gas contracts remain elevated, trading almost 40% above pre-conflict levels. This backdrop adds significant complexity to the preparations for the longer trading day.Drivers Behind Extended Trading Hours and Market Complexity
The market's evolving landscape has necessitated a global structure. Europe's departure from a single energy supplier has deeply embedded the region in global LNG markets. This exposure means prices...