The EnergyStock ‘May Flex 2015 service’, offered via the auction on Tuesday April 21st, did attract 10 parties who subscribed to participate in this auction. These participants believed that the market conditions on the day of the auction were not sufficient for them to capture spot volatility value and intrinsic value above the reserve price which was asked for by EnergyStock. EnergyStock will continue to closely monitor future market developments, determine new opportunities and approach the market with this.
EnergyStock will continue to offer some of its services via this quick auction method as soon as new opportunities will occur. If you would like to participate in upcoming auctions and have not registered yet, please register as an EnergyStock customer, it’s free of charge!