Welcome to The Financial and Energy Exchange Group
Thank you for visiting the FEX corporate site.
I would like to take this opportunity to sincerely thank our shareholders, employees and business partners for their ongoing support in the development of the Financial & Energy Exchange (FEX). The effort has been exceptional and has been very much appreciated. In particular both Nasdaq-OMX and The Clearing Corporation have provided world class services during the development phase. The seamless integration of the Mercari OTC business has been a credit to the Mercari founders. Most importantly, to our customers, thank you for your support, patience and enthusiasm.
Going forward, we aim to further develop our energy and financial product offerings. For example, as compliments to our energy product suite, we plan to offer LNG and steel futures and options contracts. We also plan to increase the offer of the number of environmental risk management trading products.
FEX and its partners understand that these products must be constructed in line with world class standards for integrity and fungibility. For this reason, I welcome the enVex initiative and am excited about the credibility and relevance of product proposed for the FEX environmental markets.
My personal goal is to work within the Asian region to maximize the amount of pricing information and market access available to participants and stakeholders within financial and energy markets. I believe that the promotion and facilitation of open and transparent markets will further promote regional price discovery, most important for input pricing decisions and price/production risk management. Open and transparent markets are an essential and valuable resource in capital allocation and business decision making, ultimately required to promote and sustain the region.
Our FEX team goal is to provide a traditional market place with leading technology and a forward thinking service attitude which balances the needs of both current and emerging industry stakeholders.
Brian Price
FEX Group CEO