EEX to launch Non-MTF Power Futures

EEX to launch Non-MTF Power Futures

As announced in the customer information on 9 February and on 11 April, EEX intends to launch additional trading venues (non-MTFs) for German and French power derivatives in response to on-going MiFID II legislation.

The new products will be available as of 1st July 2016.

Product Setup

The new contracts will be set up in the Eurex trading system for exchange trading and trade registration as shown below:

Non-MTF Power Futures

Name

ISIN

WKN

Short code

French Base Month Future

DE000A18TZC0

A18TZC

N7BM

French Base Quarter Future

DE000A18TZD8

A18TZD

N7BQ

French Base Year Future

DE000A18TZE6

A18TZE

N7BY

French Peak Month Future

DE000A18TZF3

A18TZF

N7PM

French Peak Quarter Future

DE000A18TZG1

A18TZG

N7PQ

French Peak Year Future

DE000A18TZH9

A18TZH

N7PY

Phelix Base Month Future

DE000A18TY66

A18TY6

N1BM

Phelix Base Quarter Future

DE000A18TY74

A18TY7

N1BQ

Phelix Base Year Future

DE000A18TY82

A18TY8

N1BY

Phelix Peak Month Future

DE000A18TY90

A18TY9

N1PM

Phelix Peak Quarter Future

DE000A18TZA4

A18TZA

N1PQ

Phelix Peak Year Future

DE000A18TZB2

A18TZB

N1PY

Further product details can be found in the EEX contract specifications available on EEX web-site under the following link:
https://www.eex.com/en/trading/rules-and-regulations/non-mtf-market

Trading Hours
The Futures are tradable during the regular trading hours from 8:00 am to 6:00 pm CET. Trade registration services are available for the same time.


Participation
The precondition to trade Non-MTF Futures is an admission to the EEX non-MTF market. The relevant documents can be found here:
https://www.eex.com/en/access/admission/admission-forms/non-mtf-market
For all participants, it is necessary to inform your clearing bank (General Clearing Member) of your intention to trade these products and to contact Member Readiness (memberreadiness@ecc.de).


Technical Access
The new products will be automatically integrated into the EEX screens (T7-GUI and TT) in the usual manner and rolled out to our members. Customers trading via the Trayport® GlobalVisionSM Portal (Trading GatewaySM User) should use Trayport’s GoldmappingSM Service or map the products manually, as well as updating the workbooks to have these new contracts on the screen. Users of the Exxeta Energy Trader® (EET) can configure the new Futures in their GUI them-selves. The trade registration through both Clearing Registration Service (eXRP) and Trayport Clearing Link can be done without adjustment.

Please do not hesitate to contact the Market Supervision Team via mail or on +49 341 2156-222 if you have further questions.