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Hungarian power exchange launches trade of block products

The Hungarian Power Exchange (HUPX) on Tuesday launched trade of block products, which contain a combination of several consecutive hours to one block.

The blocks will be for 2, 3 or 4 hours.

The new products are expected to make the market more flexible and prices more stable, said HUPX CEO Zoltán Medveczki. Seven HUPX members are participating in trade of the block products, he added.