connecting markets
05/16/2008 18:33 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

Gas Futures

Month, Quarter, Year Futures
On the Derivatives Market, natural gas is traded for the current month, for the next six months, the next 7 quarters and the next 6 calendar years. The Derivatives Market is used for medium-term optimisation of the procurement and sale of quantities of gas.

EEX offers derivatives trading for two market areas:

BEB market area
On every exchange trading day, continuous trading of BEB Natural Gas Futures Contracts takes place for the BEB market area. The settlement price for the BEB market area is published every day, after the end of trading at 5 pm.

E.ON GT market area
On every exchange trading day, continuous trading of EGT Natural Gas Futures Contracts takes place for the E.ON GT market area. The settlement price for the E.ON GT market area is published every day, after the end of trading at 5 pm.

Possibility of participation

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

Derivatives trading in 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 derivatives trading in gas

  • Derivatives trading is a flexible tool for medium-term portfolio optimisation.
  • More than 20 trading participants have been involved right from the start.
  • Demanding negotiation of international agreements is no longer necessary.

Contract Specifications

 

Derivatives Market

Contract

Delivery or purchase of gas (delivery between 06:00–06:00 German time) on each delivery day of the delivery month.

Delivery Area

Market areas of E.ON GT and BEB

Maturity

the current month as well as the following 6 months, 7 quarters and 6 years

Pricing

Continuous trading

Quotation

Prices in €/MWh to two decimal points

Transaction fees

0.01 €/MWh exchange fee (reduction at the moment: 0.005 €/MWh) | 0.005 €/MWh clearing fee

0.01 €/MWh OTC clearing (reduction at the moment: 0.005 €/MWh)

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