On September 11, 2024, Caspy Commodity Exchange JSC joined the European Association of Energy Exchanges as an associate member.

Europex is the largest association encompassing over 30 major trading platforms from Europe and beyond, including EEX, Nasdaq, ICE, and NordPool, as well as several promising emerging operators and commodity exchanges. The members of Europex are engaged in wholesale markets for electricity, gas, and emission allowances. Established in 2002, Europex is a non-profit organization focused on advancing the European regulatory framework for exchange trading.

Erik Tanayev, President of Caspian Commodity Exchange JSC, commented: “We believe that the extensive experience of European exchanges in gas trading, CO2 emissions, and electricity will enable us to introduce a consistent, measured, and market-based approach to exchange trading in Kazakhstan. Our expertise in trading energy resources, particularly emission allowances, has facilitated our joining this esteemed organization and sets ambitious goals for our future endeavors.