Press Release - EEX Group Update: 4th Quarter 2019

    Spotlight: Freight – Sustained organic growth results in significant increases throughout 2019

    Volume overview

    Commodity

    Unit

    Q4/2019

    Q4/2018

    Change

    Power Spot Market

    TWh

    150.1

    150.2

    0%

    European Power Derivatives Market

    TWh

    1,083.0

    962.5

    13%

    US Power Derivatives Market

    TWh

    487.2

    322.2

    51%

    Power Total

    TWh

    1,720.3

    1,434.9

    20%

    Gas Spot Market

    TWh

    370.1

    305.7

    21%

    Gas Derivatives Market

    TWh

    227.5

    237.3

    -4%

    US Gas

    TWh

    2.1

    n/a

    n/a

    Natural Gas Total

    TWh

    599.7

    543.0

    10%

    EU Environmental Products

    Million tonnes
    of CO2

    289.4

    569.5

    -49%

    US Environmental Products

    contracts

    31,395

    6,750

    365%

    Agricultural Products

    contracts

    9,558

    11,314

    -16%

    Freight

    contracts

    28,116

    14,860

    89%

    Key achievements

    • In November, EEX Group and Nasdaq Futures, Inc. (NFX) have reached an agreement to sell NFX’s futures and options exchange business to EEX Group. The transaction involves the transfer of existing open positions in U.S. Power, Natural Gas, Crude Oil, Ferrous Metals and Dry Bulk Freight futures and options.
      Read more
       
    • On 5th November, EEX was granted the Foreign Board of Trade (FBOT) status by the United States Commodity Futures Trading Commission (CTFC) which means that EEX is fully recognized as a foreign exchange in the United States.
      Read more
       
    • Also in November, ECC welcomed Mizuho Americas’ investment banking subsidiary as a new General Clearing Member and Trading Participant which is ECC’s first clearing member from the United States.
      Read more
       
    • In December, EEX and the New Zealand exchange NZX announced a co-operation Agreement with a focus on securing new opportunities in the New Zealand carbon market.
      Read more
    • On 12th December, EEX Group successfully completed the first migration of Freight Open Interest from Nasdaq Futures, Inc. (NFX) to EEX Group’s clearing house ECC. In the first of three scheduled matching sessions, a total of 69,144 lots of Freight Open Interest which is more than 40% of the entire NFX Freight portfolio, was migrated from NFX’s clearing house Options Clearing Corporation (OCC) to ECC.
      Read more

     
    Spotlight: Freight – Sustained organic growth results in significant increases throughout 2019

    EEX Group’s performance in Dry Bulk Freight has seen significant growth throughout 2019, achieving double and triple digit increases each quarter. Factors that have contributed to this success include a major increase in the member base, improvements in distribution and connectivity and an enhanced product portfolio. In Q4 of 2019, EEX achieved a new quarterly record, achieving a total trading volume of 28,116 lots in the period October to December ’19.

     

     Q4 2019 volumes do not include volumes from the EEX/NFX matching session

    EEX Group provides market platforms for energy and commodity products across the globe and provides access to a network of more than 600 trading participants. The group offers trading in energy, environmental products, freight, metal and agriculturals as well as subsequent clearing and registry services. EEX Group consists of the trading venues European Energy Exchange (EEX), EPEX SPOT, EEX Asia, Power Exchange Central Europe (PXE) and Nodal Exchange as well as the registry provider Grexel Systems and the clearing houses European Commodity Clearing (ECC) and Nodal Clear. EEX is a member of Deutsche Börse Group. More information:
    www.eex-group.com.