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.