Trading Calendar
1. Quarter
| We | Mo | Tu | We | Th | Fr | Sa | Su |
|---|---|---|---|---|---|---|---|
| 53 |
01
 
|
02
|
03
|
||||
| 01 |
04
|
05
|
06
|
07
|
08
|
09
|
10
|
| 02 |
11
|
12
|
13
|
14
|
15
|
16
|
17
|
| 03 |
18
|
19
|
20
|
21
|
22
|
23
|
24
|
| 04 |
25
|
26
|
27
|
28
 
|
29
|
30
|
31
|
| We | Mo | Tu | We | Th | Fr | Sa | Su |
|---|---|---|---|---|---|---|---|
| 05 |
01
|
02
|
03
|
04
|
05
|
06
|
07
|
| 06 |
08
|
09
|
10
|
11
|
12
|
13
|
14
|
| 07 |
15
|
16
|
17
|
18
|
19
|
20
|
21
|
| 08 |
22
|
23
|
24
|
25
|
26
|
27
|
28
|
| We | Mo | Tu | We | Th | Fr | Sa | Su |
|---|---|---|---|---|---|---|---|
| 09 |
01
|
02
|
03
|
04
|
05
|
06
|
07
|
| 10 |
08
|
09
|
10
|
11
|
12
|
13
|
14
|
| 11 |
15
|
16
|
17
|
18
|
19
|
20
|
21
|
| 12 |
22
|
23
|
24
|
25
|
26
|
27
|
28
|
| 13 |
29
 
|
30
|
31
|
||||
2. Quarter
| We | Mo | Tu | We | Th | Fr | Sa | Su |
|---|---|---|---|---|---|---|---|
| 13 |
01
|
02
|
03
|
04
|
|||
| 14 |
05
|
06
|
07
|
08
|
09
|
10
|
11
|
| 15 |
12
|
13
|
14
|
15
|
16
|
17
|
18
|
| 16 |
19
|
20
|
21
|
22
|
23
|
24
|
25
|
| 17 |
26
|
27
|
28
|
29
|
30
|
||
| We | Mo | Tu | We | Th | Fr | Sa | Su |
|---|---|---|---|---|---|---|---|
| 17 |
01
|
02
|
|||||
| 18 |
03
|
04
|
05
|
06
|
07
|
08
|
09
|
| 19 |
10
|
11
|
12
|
13
|
14
|
15
|
16
|
| 20 |
17
|
18
|
19
|
20
|
21
|
22
|
23
|
| 21 |
24
|
25
|
26
|
27
|
28
|
29
|
30
|
| 22 |
31
|
| We | Mo | Tu | We | Th | Fr | Sa | Su |
|---|---|---|---|---|---|---|---|
| 22 |
01
|
02
|
03
|
04
|
05
|
06
|
|
| 23 |
07
|
08
|
09
|
10
|
11
|
12
|
13
|
| 24 |
14
|
15
|
16
|
17
|
18
|
19
|
20
|
| 25 |
21
|
22
|
23
|
24
|
25
|
26
|
27
|
| 26 |
28
|
29
|
30
|
||||
3. Quarter
| We | Mo | Tu | We | Th | Fr | Sa | Su |
|---|---|---|---|---|---|---|---|
| 26 |
01
|
02
|
03
|
04
|
|||
| 27 |
05
|
06
|
07
|
08
|
09
|
10
|
11
|
| 28 |
12
|
13
|
14
|
15
|
16
|
17
|
18
|
| 29 |
19
|
20
|
21
|
22
|
23
|
24
|
25
|
| 30 |
26
|
27
|
28
|
29
|
30
|
31
|
|
| We | Mo | Tu | We | Th | Fr | Sa | Su |
|---|---|---|---|---|---|---|---|
| 30 |
01
|
||||||
| 31 |
02
|
03
|
04
|
05
|
06
|
07
|
08
|
| 32 |
09
|
10
|
11
|
12
|
13
|
14
|
15
|
| 33 |
16
|
17
|
18
|
19
|
20
|
21
|
22
|
| 34 |
23
|
24
|
25
|
26
|
27
|
28
|
29
|
| 35 |
30
|
31
|
| We | Mo | Tu | We | Th | Fr | Sa | Su |
|---|---|---|---|---|---|---|---|
| 35 |
01
|
02
|
03
|
04
|
05
|
||
| 36 |
06
|
07
|
08
|
09
|
10
|
11
|
12
|
| 37 |
13
|
14
|
15
|
16
|
17
|
18
|
19
|
| 38 |
20
|
21
|
22
|
23
|
24
|
25
|
26
|
| 39 |
27
|
28
|
29
|
30
|
|||
4. Quarter
| We | Mo | Tu | We | Th | Fr | Sa | Su |
|---|---|---|---|---|---|---|---|
| 39 |
01
|
02
|
03
|
||||
| 40 |
04
|
05
|
06
|
07
|
08
|
09
|
10
|
| 41 |
11
|
12
|
13
|
14
|
15
|
16
|
17
|
| 42 |
18
|
19
|
20
|
21
|
22
|
23
|
24
|
| 43 |
25
|
26
|
27
|
28
|
29
|
30
|
31
|
| We | Mo | Tu | We | Th | Fr | Sa | Su |
|---|---|---|---|---|---|---|---|
| 44 |
01
|
02
|
03
|
04
|
05
|
06
|
07
|
| 45 |
08
|
09
|
10
|
11
|
12
|
13
|
14
|
| 46 |
15
|
16
|
17
|
18
|
19
|
20
|
21
|
| 47 |
22
|
23
|
24
|
25
|
26
|
27
|
28
|
| 48 |
29
|
30
|
|||||
| We | Mo | Tu | We | Th | Fr | Sa | Su |
|---|---|---|---|---|---|---|---|
| 48 |
01
|
02
|
03
|
04
|
05
|
||
| 49 |
06
|
07
|
08
|
09
|
10
|
11
|
12
|
| 50 |
13
|
14
|
15
|
16
|
17
|
18
|
19
|
| 51 |
20
|
21
|
22
|
23
|
24
|
25
|
26
|
| 52 |
27
|
28
|
29
|
30
|
31
|
||
Legend
Last trading day for:
-
Phelix-Baseload-Month-Futures (Contract expires one exchange trading day before the last delivery day)
German-/French-Baseload-Month-Futures (Contract expires two exchange trading days before the last delivery day)
-
Phelix-Peakload-Month-Futures (Contract expires one exchange trading day before the last delivery day)
German-/French-Peakload-Month-Futures (Contract expires two exchange trading days before the last delivery day)
-
Phelix-Baseload/Peakload-Quarter-Futures (Contract cascades three exchange trading days before beginning of the delivery quarter)
German-Baseload/Peakload-Quarter-Futures and French-Baseload/Peakload-Quarter-Futures (Contract expires three exchange trading days before beginning of the delivery quarter)
-
Baseload/Peakload Year Futures (Contract cascades three exchange trading days before beginning of the delivery year)
German-Baseload/Peakload-Year-Futures und French-Baseload/Peakload-Year-Futures (Contract expires three exchange trading days before beginning of the delivery quarter)
-
Natural-Gas-Baseload-Month-Futures (Contract expires two exchange trading days before the last delivery day)
-
Natural-Gas-Baseload-Quarter-Futures (Contract cascades three exchange trading days before beginning of the delivery quarter)
-
Natural-Gas-Baseload-Season-Futures (Contract cascades three exchange trading days before beginning of the delivery season)
-
Natural-Gas-Baseload-Year-Futures (Contract cascades three exchange trading days before beginning of the delivery year)
-
European-Carbon-Futures EarlyDec and CER-Futures EarlyDec (Contract expires on ultimate exchange trading day in november)
European-Carbon-Futures MidDec and CER-Futures MidDec
-
First day of expiry for German-Baseload/Peakload-Month-Futures and French-Baseload/Peakload-Month-Futures (Reduction of the contract volume starts two exchange trading days before beginning of the delivery period)
Trading days of the Base Value (Phelix Base / Phelix Peak)
-
Phelix Base of the next delivery day
-
Phelix Peak of the next delivery day
-
Please note that for delivery day Sunday, November 30, 2008 the procedure for running the hourly auction for market area Germany/ Austria for technical reasons will differ from the normal rule described above:
The hourly auction for market area Germany/ Austria for Sunday, November 30, 2008 will already be carried out on Friday, November 28, 2008 (together with the hourly auction for Saturday, November 29, 2008). This auction serves to determine the indices Phelix Base and Peak which will be taken into account for the calculation of the final settlement prices for the futures contracts concerned.
On Saturday, November 29, 2008 an additional auction for market area Germany/Austria for delivery Sunday, November 30, 2008 will be carried out which will be integrated into the market coupling procedure with Denmark. The prices calculated during this auction will not be considered for the calculation of any indices (Phelix Base or Peak) and therefore are no basis for the determination of final settlement prices of futures contracts.
The necessity of this special rule results from the fact that the Derivatives Market is not open for 7-Day-Trading and the final settlement prices for the futures contract expiring on the last exchange day (Derivatives Market) of the month concerned have to be entered into the trading system.
The hourly auction calculation for market area Switzerland is not affected by this special rule. On Friday, November 28, 2008, EEX will only run the auction for delivery on Saturday, November 29, 2008.
-
Phelix Base of the delivery days of the weekend and/or the next bank holiday and the delivery day following the weekend and/or bank holiday.
-
Phelix Peak of the delivery days of the weekend and/or the next bank holiday and the delivery day following the weekend and/or bank holiday.
-
Daily settlement and accounting treatment of collateral through Federal State Central Bank takes place despite suspension of trading.
-
no trading takes place
-
holiday
Phelix-Baseload-Month-Futures (Contract expires one exchange trading day before the last delivery day)
German-/French-Baseload-Month-Futures (Contract expires two exchange trading days before the last delivery day)
Phelix-Peakload-Month-Futures (Contract expires one exchange trading day before the last delivery day)
German-/French-Peakload-Month-Futures (Contract expires two exchange trading days before the last delivery day)
Phelix-Baseload/Peakload-Quarter-Futures (Contract cascades three exchange trading days before beginning of the delivery quarter)
German-Baseload/Peakload-Quarter-Futures and French-Baseload/Peakload-Quarter-Futures (Contract expires three exchange trading days before beginning of the delivery quarter)
Baseload/Peakload Year Futures (Contract cascades three exchange trading days before beginning of the delivery year)
German-Baseload/Peakload-Year-Futures und French-Baseload/Peakload-Year-Futures (Contract expires three exchange trading days before beginning of the delivery quarter)
Natural-Gas-Baseload-Month-Futures (Contract expires two exchange trading days before the last delivery day)
Natural-Gas-Baseload-Quarter-Futures (Contract cascades three exchange trading days before beginning of the delivery quarter)
Natural-Gas-Baseload-Season-Futures (Contract cascades three exchange trading days before beginning of the delivery season)
Natural-Gas-Baseload-Year-Futures (Contract cascades three exchange trading days before beginning of the delivery year)
European-Carbon-Futures EarlyDec and CER-Futures EarlyDec (Contract expires on ultimate exchange trading day in november)
European-Carbon-Futures MidDec and CER-Futures MidDec
First day of expiry for German-Baseload/Peakload-Month-Futures and French-Baseload/Peakload-Month-Futures (Reduction of the contract volume starts two exchange trading days before beginning of the delivery period)
Phelix Base of the next delivery day
Phelix Peak of the next delivery day
Please note that for delivery day Sunday, November 30, 2008 the procedure for running the hourly auction for market area Germany/ Austria for technical reasons will differ from the normal rule described above:
The hourly auction for market area Germany/ Austria for Sunday, November 30, 2008 will already be carried out on Friday, November 28, 2008 (together with the hourly auction for Saturday, November 29, 2008). This auction serves to determine the indices Phelix Base and Peak which will be taken into account for the calculation of the final settlement prices for the futures contracts concerned.
On Saturday, November 29, 2008 an additional auction for market area Germany/Austria for delivery Sunday, November 30, 2008 will be carried out which will be integrated into the market coupling procedure with Denmark. The prices calculated during this auction will not be considered for the calculation of any indices (Phelix Base or Peak) and therefore are no basis for the determination of final settlement prices of futures contracts.
The necessity of this special rule results from the fact that the Derivatives Market is not open for 7-Day-Trading and the final settlement prices for the futures contract expiring on the last exchange day (Derivatives Market) of the month concerned have to be entered into the trading system.
The hourly auction calculation for market area Switzerland is not affected by this special rule. On Friday, November 28, 2008, EEX will only run the auction for delivery on Saturday, November 29, 2008.
Phelix Base of the delivery days of the weekend and/or the next bank holiday and the delivery day following the weekend and/or bank holiday.
Phelix Peak of the delivery days of the weekend and/or the next bank holiday and the delivery day following the weekend and/or bank holiday.
Daily settlement and accounting treatment of collateral through Federal State Central Bank takes place despite suspension of trading.
no trading takes place
holiday