EEX trading results for October 2018

EEX trading results for October 2018

EEX significantly increases trading volumes in power, emissions and freight

In October 2018, the European Energy Exchange (EEX) increased volumes on its power derivatives markets by 30% to 339.3 TWh (October 2017: 261,3 TWh). In particular, the 4-fold increase in Phelix-DE Futures to 204.4 TWh as well as power futures for Italy (60.9 TWh, +42%) and Spain
(9.1 TWh, +32%) contributed to this development.

EEX recorded a positive trend also in the smaller markets: In power futures for Great Britain, at 125,070 MWh, EEX recorded the highest trading volume since the launch of these products. In the Dutch markets, volumes increased by 18% to 2.1 TWh (October 2017: 1.8 TWh).

The October volume comprised 185.0 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 70% to 241.5 million tonnes of CO2 in October (October 2017: 142.3 million tonnes of CO2). In particular, this increase is driven by the EUA Options with 89.6 million tonnes of CO2 traded in October. Primary market auctions contributed 87.6 million tonnes of CO2 to the total volume.

Agricultural Products

Throughout October, trading volumes in agricultural products amounted to 3,888 contracts (October 2017: 5,842 contracts). In the dairy segment, the volume reached 2,214 contracts (equal to 11,070 tonnes). In processing potatoes, volumes amounted to 1,674 contracts (equal to 41,850 tonnes).

Global Commodities

In freight futures which are available for trade registration, EEX volumes increased by 166% to 6,615 contracts (October 2017: 2,485 contracts).

New Participants

In October, EEX admitted AYEN Energija d.o.o. (Ljubljana), J.P. Morgan AG (Frankfurt) as well as UBS AG (Zurich) as new trading participants. Furthermore, Braemar Atlantic Securities Limited (London) was recognised as new Non-Trading Broker. CEZ, a.s. (Prague) and EDF Trading Limited (London) were additionally admitted to trading UK Power Futures.

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.

EEX – Monthly Figures Report for October 2018

Volumes

Power Derivatives Market

Monthly volume

 

MWh

Monthly volume – previous year

MWh

Total

339,288,411

261,253,661

Phelix-DE Futures

204,355,084

48,033,919

Phelix-AT Futures

2,115,254

11,045

Phelix DE/AT Futures

1,887,706

104,303,209

French Futures

36,456,587

38,143,320

Italian Futures

60,903,919

42,883,147

Spanish Futures

9,066,020

6,862,402

Dutch Futures

2,122,141

1,797,446

Further markets

13,076,960

6,384,573

Options markets

9,034,740

12,834,600

CO2 Emissions Market

Monthly volume


tonnes of CO2

Monthly volume – previous year

tonnes of CO2

Total

241,522,500

142,258,500

EUA Spot Market

- thereof: Primary Market Auctions

- thereof: Secondary Market

94,137,000

86,786,000

7,351,000

85,443,500

83,005,500

2,438,000

EUAA Spot Market

800,500

1,078,000

CER Spot Market

15,000

0

EUA Futures

56,945,000

55,237,000

EUA Options

89,625,000

500,000

Agricultural Products

Monthly volume

 

Number of contracts

Monthly volume
– previous year

Number of contracts

Total

3,888

5,842

Processing Potatoes

1,674

3,014

Dairy Products

2,214

2,828

Global Commodities

Monthly volume

 

Number of contracts

Monthly volume
– previous year

Number of contracts

Freight Futures

6,615

2,485

Prices and Indices

 

10/2018

Phelix-DE Futures – Settlement Price for base load contract

with delivery in 2019 (in €/MWh)

49.10

Phelix-DE Futures – Settlement Price for peak load contract

with delivery in 2019 (in €/MWh)

60.30

Settlement Price on EUA Derivatives Market

in Dec 2018 contract (min. / max.) in €/EUA

16.20 / 22.15