Product description

On the Spot Market, natural gas is traded for the next and next-but-one day as well as for the weekend. The Spot Market for Natural Gas is used for the short-term optimisation of the procurement and sale of natural gas and for arbitrage transactions between the market areas.

EEX offers spot trading for two market areas:

GUD market area

For the GUD market area, continuous trading of GUD Natural Gas Day Contracts takes place on every exchange trading day from 9.30 a.m. until 5.30 p.m. for day-ahead and 2-day-ahead.

E.ON GT market area

For the E.ON GT market area, continuous trading of EGT Natural Gas Day Contracts takes place on every exchange trading day from 09.30 a.m. until 5.30 p.m. for day-ahead and 2-day-ahead.

Advantages of spot trading in natural gas

• Spot trading constitutes a flexible tool of portfolio optimisation.
• 40 trading participants are active on the Spot Market (as of 31 January 2008).
• Established, efficient and automated standard processes are used for all transactions.

Participation

Trading participants licensed to trade on the Spot Market of EEX are granted access to day-ahead trading in natural gas
provided they can present a valid balance or hub agreement.

Contract Specifications