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Liquidity collapses on the European gas market, which has become increasingly risky. Even the trading giants are under pressure for billionaire margin calls. For smaller traders, the specter is failure
by Sissi Bellomo
Not only record-breaking, but increasingly volatile. Energy prices have begun to fluctuate in a violent and unpredictable way, further complicating the management of purchases and consumption patterns by companies and increasing the risks for market operators.
The most violent tears concerned gas, which on 7 October at the Ttf saw the price soar by almost 40% to exceed 160 euros per megawatt hour – about ten times the value it had at the beginning of the year – and …