Coal
Coal Trading on EEX
EEX offers exchange trading of coal futures and OTC clearing of coal swaps. Amsterdam-Rotterdam-Antwerp (ARA) and Richards Bay (RB) coal futures referring to API#2 (ARA) and API#4 (RB) indices can be traded. The contracts are settled financially on the basis of these two indices. .
Advantages of Trading in Coal on EEX
- Access to more than 150 companies admitted to trading on EEX
- Possibility to trade coal prices via Trayport®
- Cross-Margining with power, EUA and gas positions
- Screen trading and OTC clearing available
- Competitive feeds
- Bilateral contracts with all counterparties are not required. The counterparty risk is assumed by the clearing house ECC. On account of this, credit risks are minimised
- Established, efficient and automated standard processes are used for all transactions
- Legal, technical and financial security is safeguarded
- Access to EEX Coal Futures is included in standard membership/cost effective membership incl. technical connection for new coal-only members.
Participation
Trading participants in the EEX Derivatives Market are automatically granted access to trading in coal without additional costs. Brokers, financial service providers and clearing banks provide easy access to exchange trading for participants without a license to trade on the exchange. A list of clearing banks and brokers is available at www.eex.com.
At a glance | ||
| Contract | Index Futures on API#2 and API#4 published in the Argus/McCloskey’s Coal Price Index Report | |
| Maturity | Current month, the next 6 months, 7 quarters and 6 years | |
| Contract volume | 1,000 metric tonnes of coal per month | |
| Quotation | USD per tonne with 2 digits after the decimal point | |
| Transaction fees | Exchange fee: USD 0.007 per t Registration of OTC transactions: USD 0.007 per t | + Clearing fee: USD 0.002 per t |
Further Information | |
| EEX Product Brochures | ...to the download area |
