TGE ensures security of trading in the period of high market volatility

17-03-2020

The priority of TGE is to ensure safety of trading and to guarantee the possibility of concluding transactions for all our Members. TGE has reviewed its business continuity plans in case of increased risk of negative impacts caused by extraordinary crisis situations. The procedures adopted by the Exchange take into account scenarios involving such hazards and provide for formal and legal solutions to ensure uninterrupted operation of the market. The trading system is fully digitalised, operates in a stable manner and is technically resilient to external conditions. The technologies and organizational solutions implemented by TGE support remote work on most of the positions, and enable a secure job transfer to an alternative backup location. 

We are monitoring the market situation on an ongoing basis and remain in contact with TGE Members, supervisory institutions and other commodity market stakeholders.