Radianz, the financial extranet built by Reuters and Equant, has opened offices in Hong Kong and signed up financial information provider AFE. RadianzNet is being used to deliver real-time information to AFE Solutions' customers. AFE is providing the service through AFE Stock Channel, which uses internet protocol Multicast technology for distributing data to financial professionals in Hong Kong, some of which are already connected to RadianzNet.The European Energy Exchange (EEX), owned by European energy traders and Eurex, has launched an electricity derivatives market. EEX began trading spot electricity contracts last August to enable market participants to trade physical electricity for the next day, and has since traded 1.9 million megawatt hours of approximately &euro50m ($46m) in value. The cash-settled electricity futures are based upon indices developed by EEX for base and peak electricity supply.