The Italian Power Exchange or IPEX, managed by (or GME in Italian) is the exchange for electricity and natural gas spot trading in Italy. History It was established by the Italian legislature on 16 March 1999 and issued general rules on 8 May 2001. Markets IPEX comprises the following spot markets: Day Ahead (In Italian Mercato del Giorno Prima, MGP) Intra Day (In Italian Mercato Infragiornaliero, MI), which since 10 February 2015 is composed of seven sessions (MI1, MI2, MI3, MI4, MI5, MI6 and MI7). See also European Energy Exchange (EEX) in Germany Powernext in France External links EXAA - Energy Exchange Austria Mercato Elettrico - English home page Italian Electricity Market Rules Gestore dei Mercati Energetici Energy forecasting of price and demand for IPEX Energy in Italy