He said companies could use the so-called above-the-counter market, the place they may offer instantly with functions like the other facet in the trade or a lender to thrash out individual deals.

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He likened hedging, or futures, contracts into a kind of coverage that provided vital include to retailers and generators who'd if not be exposed to wild price tag swings within the place market.

So ironically, this kind of proportional representation can have patently undemocratic implications. Stuff like this has transpired routinely in Israel, with fairly deleterious success.

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