The physically settled EEX Gas Futures can be traded with maturities ranging from monthly, quarterly and seasonal up to several years into the future. The contracts follow our cascading approach.
EEX offers physically delivered gas futures contracts on CEGH CZ VTP, CEGH VTP, ETF, THE, NBP, PEG, PSV, PVB, TTF, ZTP, LVA-EST, FIN and LTU hubs, as well as geographical and time spreads. Clearing and physical settlement, i.e. the nomination with the respective local transmission system operators, are handled by European Commodity Clearing (ECC).
Advantages of trading physical gas derivatives at EEX
Available Geographical Spreads
Available EEX Spark Spread
EEX Financially settled power futures and EEX Physical gas futures
EEX offers spark spreads reflecting the price spread between the power and gas futures markets. Executing both legs simultaneously enables better hedging of fuel cost exposure and eliminates leg risk.
Spark spread combinations are available for several markets, including the EEX German Power Futures and multiple natural gas markets, such as the Dutch TTF market.
Spark spread trading can also reduce execution costs through cross margining effects by reducing collateral requirement across correlated positions and improving capital efficiency when trading power and gas market on one platform.
For more information on cross-margining and the margin methodology used by our clearing house, European Commodity Clearing, visit Margin Methodology.
