EEX trading results for April 2018 – EEX markets on growth path

EEX trading results for April 2018 – EEX markets on growth path

In April 2018, the European Energy Exchange (EEX) increased volumes on its power derivatives markets by 12% to 246.6 TWh (April 2017: 220.7 TWh). In particular, the markets for Italy (38.8 TWh, +100%) and France (19.8 TWh, +48%) contributed to this development. Also the smaller markets for Spain (7.2 TWh, +54%) and the Netherlands (4.3 TWh, +358%) recorded significant growth. In Options on Phelix-DE Futures, at 36.7 TWh, EEX achieved the highest volume since the launch of this product.

The April volume comprised 158.3 TWh traded at EEX via Trade Registration with subsequent clearing. Clearing and settlement of all exchange transactions was executed by European Commodity Clearing (ECC).

Emission Allowances

On the EEX markets for emission allowances, the total trading volume increased by 56% to
232.9 million tonnes of CO2 in April (April 2017: 149.6 million tonnes of CO2). In particular, the development was driven by a significant increase of volumes on the EUA derivatives market where EEX recorded an increase of 32% to 88.0 million tonnes of CO2 (April 2017: 66.5 million tonnes of CO2). Primary market auctions contributed 79.3 million tonnes of CO2 to the total volume.

Agricultural Products

Throughout April, a total of 4,710 contracts was traded in agricultural products which is a year-on-year increase of 15% (April 2017: 4,094 contracts). In the dairy segment, the volume reached 1,570 contracts (equal to 7,850 tonnes). In processing potatoes, a volume of 3,140 contracts (equal to 78,500 tonnes) was traded.

Global Commodities

In freight futures which are available for trade registration, EEX volumes increased by 27% to 3,905 contracts in April (April 2017: 3,065 contracts).

New Participants

In April, EEX admitted EEX IREN MERCATO S.p.A., Genoa (Italy) and Prazská plynárenská, a.s., Prague as new trading participants. On the market for emission allowances, Amper Market, a.s. Prague, ERG POWER GENERATION S.P.A., Genoa and INTL FCStone Ltd., London extended their admission to trading on the spot and derivatives market while Direct Energie S.A., Paris and Hartree Partners Power & Gas Company (UK) Ltd, London were additionaly admitted on the spot market.

 

The European Energy Exchange (EEX) is the leading energy exchange in Europe which develops, operates and connects secure, liquid and transparent markets for energy and related products. As part of EEX Group, a group of companies serving international commodity markets, EEX offers contracts on Power and Emission Allowances as well as Freight and Agricultural Products. EEX is part of Deutsche Börse Group.