Trading in coal on European Energy Exchange
EEX offers exchange trading of coal futures and OTC clearing of coal swaps. Amsterdam-Rotterdam-Antwerp (ARA) and
Richards Bay (RB) coal futures can be traded. Month futures are settled financially against the API 2 and API 4 indices¹.
Possibilities of participation in trading

Trading in coal with an exchange membership
Trading participants on the Derivatives Market of EEX automatically have access to coal trading without any additional costs.

Trading in coal without an exchange membership
Brokers and clearing banks offer easy access to trading on the exchange without the need of an exchange membership.

A complete list of the clearing banks and brokers is available at this link.

OTC Clearing
Trading participants without an exchange membership only need a clearing agreement with a clearing bank of their choice
in order to take part in OTC clearing.

Advantages of trading in coal on EEX

• Bilateral agreements with all counter-parties are not required.
• ECC AG (clearing house of EEX) assumes the counter party risk. This enables credit risks to be minimized.
• Well-established, efficient and automatic standard processes are used for all transactions.
• Minimization of the margins to be furnished since the positions are netted out.

Contract Specifications

¹ API 2 and API 4 are used under licence from Argus Media Limited/The McCloskey Group Limited. All copyrights and database rights in the API 2 and API 4 indices belong exclusively to Argus Media Limited/The McCloskey Group Limited. All rights reserved.