Natural Gas Futures
The Derivatives Market is a medium- to long-term market for the optimisation of portfolios that offers trading participants the opportunity to hedge against future price risks. On the EEX Derivatives Market for Natural Gas Balance of Month (BoM), month, quarter, season and year contracts can be traded.
Both exchange trading with a minimum contract size of 10 MW and the registration of gas trades for OTC clearing with a minimum contract size of 1 MW are possible on the EEX Derivatives Market.
The BoM, the following six months, seven quarters, four seasons and six calendar years are tradable delivery periods.
Settlement Price for the Market Areas
Trading on the Derivatives Market for the GASPOOL and NCG market areas takes place between 8:00 am and 06:00 pm (CET) on every exchange trading day. The settlement price for futures contracts is established shortly before the end of each trading day (between 5:00 pm and 5:15 pm). After the end of trading (6:00 pm) the gas index (EGIX) and the open interest are established and published together with the settlement prices.
At a glance | ||
| Contract | Delivery or purchase of natural gas (delivery from 6:00 am to 6:00 am) on every delivery day for natural gas during the delivery month with a minimum lot sitze of 10 MW (exchange trading) and 1 MW (OTC registration) respectively | |
| Maturity | BoM, the next 6 months, 7 quarters, 4 seasons and 6 years | |
| Delivery area | VTP of the GASPOOL and NCG market areas | |
| Trading hours | Continuous trading from 8:00 am to 6:00 pm | |
| Minimum tick size | EUR 0.01 per MWh | |
| Transaction fees | Exchange fee and registration of OTC transactions: EUR 0.0025 per MWh | + Clearing fee: EUR 0.0025 per MWh |
