Dear trading participants,
EEX supports the recent incentive for market making services by the German gas market area manager NetConnect Germany (NCG) by supplementing with our own incentive scheme.
Using a volume-based model, NCG awards the bidders with the biggest commitment for the second half of 2020 a payment for concluding a certain number of transactions on the NCG virtual trading point.
Like last time, EEX supports NCG’s initiative with our own incentive scheme for the winners of the NCG bidding. All transaction and clearing fees for orderbook trading and trade registration will be waived for the winners. The fee waiver will apply to Month and Quarter Futures with maturities month after next (M+2) and quarter after next (Q+2). The fees for trade registration will be waived as far as the volume for trade registration does not exceed the volumes of deals the trading participant concludes in the order book.
The bidding to NCG took place from 18 May to the 29 May for contracts in the second half of 2020, that is from 6:00 CET 1 July 2020 until 6:00 CET 1 January 2021. The trading paticipants awarded by NCG can benefit from the EEX incentives by making a request directly to EEX.
Please do not hesitate to contact us if you have any questions.
European Energy Exchange AG