connecting markets
05/16/2008 18:01 CEST
European Energy Exchange AG
Augustusplatz 9
04109 Leipzig
Germany
Tel.: +49/341/21 56-0
Fax: +49/341/21 56-109
eMail: info@eex.com
Internet: www.eex.com

Day Ahead

On the day-ahead market, natural gas is traded for the next and next-but-one day. The day-ahead market is used for the short-term optimisation of the procurement and sale of gas quantities. EEX offers day-ahead trading for two market areas:

BEB market area
On every exchange trading day, continuous trading of BEB Natural Gas Day Contracts takes place from 09:00 am until 03:30 pm for day-ahead trading and from 09:00 am until 05:00 pm for trading two days ahead.

E.ON GT market area
On every exchange trading day, continuous trading of EGT Natural Gas Day Contracts takes place from 09:00 am until 03:30 pm for day-ahead trading and from 09:00 am until 05:00 pm for trading two days ahead.

Possibilities of participation in trading

Day-ahead trading of natural gas with an exchange membership
Trading participants who are already registered to trade on the Spot Market of EEX have access to day-ahead trading in natural gas provided they can present a valid balance or hub agreement.

Day-ahead trading of natural gas without an exchange membership
Brokers and clearing banks offer easy access to participation in trading on the exchange without an exchange membership. A complete list of the clearing banks and brokers is available at this link.

Advantages of day-ahead trading in gas

  • Day-ahead trading is a flexible tool for portfolio optimisation.
  • More than 20 trading participants have taken part right from the outset.
  • Well-established, efficient and automated standard processes are used for all transactions.

Contract Specifications

 

Spot Market Gas/ Day Ahead Market

Contract

Delivery or purchase of natural gas (high grade) (delivery between 06:00–06:00 German time)

Tradable contracts

next two delivery days, weekends

Delivery Area

Market areas of E.ON GT and BEB

Pricing

Continuous trading

Quotation

Prices in €/MWh to two decimal points

Transaction fees

0.04 €/MWh exchange fee (reduction at the moment: 0.01 €/MWh) | 0.01 €/MWh clearing fee

 

EEX-Ticker

Market Data

2008/05/19
Swissix Day Base: 68.60 €/MWh
Swissix Day Peak: 86.54 €/MWh
2008/05/19
Phelix Day Base: 67.26 €/MWh
Phelix Day Peak: 86.36 €/MWh

Market Info

05/16/2008
Calendar

Transparency Information

Spot market Derivatives market Market Maker
© 2008 European Energy Exchange AG Augustusplatz 9, 04109 Leipzig, Germany Tel.: +49 341 2156-0, Fax: +49 341 2156-109