Exchange

Exchange

Liquidity, transparency and fairness in pricing are the factors which characterise EEX and create the trading participants’ confidence in this exchange. Ensuring this is the central task of EEX and its exchange bodies.

What is the EEX exchange?

EEX is an exchange under the German Exchange Act and a regulated market within the context of MiFID. EEX has the following executive bodies: the Exchange Council, the Management Board of the Exchange, Market Surveillance and the Sanctions Committee.

For this reason, EEX has established a set of Exchange Rules , which is based on the German Exchange Act and binding both for itself and for all trading participants. This set of rules and regulations comprises the Exchange Rules, the Trading Conditions, the Contract Specifications, the Admission Rules as well as the Code of Conduct.

What is the difference between EEX as an exchange and EEX AG?

Both at a national and at an international level, the European Energy Exchange is one of the trading platforms which are subject to the most comprehensive supervision. At a national level, the supervisory mechanisms are based on a structure which is unique in Europe: while the company operating the exchange operates as a joint stock company under private law, the exchange as such, is an institution under public law which is subject to the German Exchange Act. As a result, EEX is subject to the same strict quality and supervision criteria as any other conventional securities exchange in Germany.

As a joint stock corporation under private law, EEX AG is permitted to operate the EEX exchange and, as a result, it has the right (and is also obliged) to operate the exchange. In this context, EEX AG provides the exchange with the financial, human and material resources required to carry out and further develop the exchange operations.

  • Exchange Council

  • Management Board of the Exchange

  • Market Surveillance

  • Exchange Supervisory Authority

  • Sanctions Committee