EEX trading results for October 2017

EEX trading results for October 2017

EEX Phelix DE-Future achieves new monthly record

In October 2017, the European Energy Exchange (EEX) achieved a total volume of 261.3 TWh on its power derivatives markets (October 2016: 410.1 TWh). The October volume comprised 141.1 TWh traded at EEX via Trade Registration with subsequent clearing. Clearing and settlement of all exchange transactions was executed by European Commodity Clearing (ECC).

The shift in liquidity from the German-Austrian Phelix Future into the German Phelix DE future continued to increase in October.  A large share of German trading volumes for maturities beyond 2018 is already traded in the Phelix-DE Futures on a regular basis. In October, options were traded on the basis of the new Phelix-DE Future for the first time.

Emission Allowances

On the EEX Market for emission allowances, 142.3 million tonnes of CO2 (October 2016: 80.5 million tonnes of CO2) were traded in October. The total volume increased to 77%. Primary market auctions contributed 84.1 million tonnes of CO2 to the total volume. At 55.7 million tonnes of CO2 volumes on the derivatives market more than doubled compared to October 2016 (19.4 million tonnes of CO2).

Agricultural Products

Throughout October, a total of 5,842 contracts was traded in agricultural products (October 2016: 5,459 contracts). In the dairy futures, the volume reached 2,828 contracts (equal to 14,140 tonnes) which represents a new monthly record (previous record in June 2017: 2,668 contracts). In processing potatoes, a volume of 3,014 contracts (equal to 75,350 tonnes) was traded.

Global Commodities

In freight futures which are available for trade registration, EEX recorded a volume of 2,485 contracts in October. On 16 November, the clearing house European Commodity Clearing (ECC) will conduct the transfer of the Open Interest in Dry Bulk Freight FFA contracts and options from LCH.

New Participants

In October, EEX additionally admitted BNP Paribas Commodity Futures Ltd., London, and Vattenfall Energy Trading GmbH, Hamburg, for the freight market. In the market for emission allowances, Commerzbank AG, Frankfurt am Main, has extended its admission to the derivatives market while Axpo Italia S.P.A., Genova, and EP Commodities a.s., Prague, joined 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, Emission Allowances and Coal as well as Freight and Agricultural Products. EEX is part of Deutsche Börse Group.

EEX – Monthly Figures Report for October 2017

Volumes

Power Derivatives Market

Monthly volume MWh

 Monthly volume
– previous year MWh

Total

261,253,661

410,077,349

Phelix Futures

104,303,209

270,680,227

Phelix-DE Futures

48,033,919

n/a

Phelix-AT Futures

11,045

n/a

French Futures

38,143,320

55,483,077

Italian Futures

42,883,147

45,208,020

Spanish Futures

6,862,402

9,558,891

Dutch Futures

1,797,446

729,360

Further markets

6,384,573

1,227,994

Options on Phelix Futures

11,081,400

23,886,780

Further Option Markets

1,753,200

3,303,000

CO2 Emissions Market

Monthly volume tonnes of CO2

Monthly volume 
– previous year tonnes of CO2

Total

142,258,500

80,479,000

EUA Spot Market

- thereof: Primary Market Auctions

- thereof: Secondary Market

85,443,500

83,005,500

2,438,000

61,053,000

57,948,000

3,105,000

EUAA Primary Market

1,078,000

0

EUA Futures

55,737,000

19,426,000

Agricultural Products

Monthly volume
Number of contracts

Monthly volume
– previous year

Number of contracts

Total

5,842

5,459

Processing Potatoes

3,014

4,759

Dairy Products

2,828

698

Global Commodities

Monthly volume
Number of contracts

Monthly volume – previous year Number of contracts

Freight Futures

2,485

2,055

Prices and Indices

 

10/2017

Phelix Futures – Settlement Price for base load contract with delivery in 2018 (in €/MWh)

36.71

Phelix Futures – Settlement Price for peak load contract with delivery in 2018 (in €/MWh)

45.17

E-Carbix (in €/EUA)

7.25

Settlement Price on EUA Derivatives Market in Dec 2017 contract (min, / max,) in €/EUA

6.88 / 7.80