Within-Day Natural Gas
The delivery period of the Within-Day product comprises the remaining hours of the respective current gas delivery day, excluding a lead time of 3 hours. Trading is possible 24 hours, 7 days a week.
Advantages for participants
- Transparent and non-discriminatory trading of control energy for the current gas delivery day
- Trading of natural gas in order to avoid balancing energy costs in gas transport
- Asset optimization for natural gas transport and natural gas storage capacities
- Optimization of natural gas procurement and sales portfolios in market prices
- Back-up trading solution for interruptible gas supply contracts and natural gas storage services
Trading Time and Fulfilment
Terms | Contract volume
The contract volume is continuously reduced by the number of hours which is introduced into delivery depending on the trading time and the business hours of the exchange. The contract volume is established on the basis of the contract size (in MW) and the number of delivery hours. Hourly products for physical delivery can be represented by combining opposite orders (buy v. sell orders), which are staggered over time. The minimum contract size is 1 MW.
Examples of application
Trading of the Within-Day product as a rest-of-the-day contract
Trading of the Within-Day product as an hourly contract
At a glance | |
| Contract | Delivery and/or procurement of natural gas for the remaining delivery hours of the current gas trading day with a lead time of three hours |
| Delivery date | 3 hours after the expiry of the hour of trading |
| Settlement | Physical delivery at the VTP of the GASPOOL, NCG and TTF market areas |
| Trading hours | 24 hours, 7 days a week |
| Minimum tick size | EUR 0.01 per MWh |
| Transaction fees | Exchange fee: EUR 0.005 per MWh Clearing and Delivery fee: EUR 0.01 per MWh |
Further Information | |
| EEX Customer Information 2010-01-19 Launch of EEX Within-Day Gas | download pdf (33 KB) |
