Key achievements
- InJuly, EEX Group announced that it will introduce a clearingservice for Japanese power derivatives, to be launched in the first half of 2020. The new products will be the firstones for theAsian market on the EEX Power Derivatives platform, which currently comprises 20 market areas in Europe. More:https://www.eex.com/en/about/newsroom/news-detail/eex-group-to-launch-clearing-services-for-japanese-power-derivatives-in-2020-/9866
- In August, the clearing house ECC successfully migrated its position and transaction management system for its cleared derivatives markets to the C7 system, developed by DeutscheBörse Group: https://www.ecc.de/ecc-en/about-ecc/news/press-releases/ecc-completes-migration-to-c7-clearing-system/99298
- In September, EEX and Powernextannounced their planto offer power derivatives and gas markets under one Exchange licenseby integrating Powernext into EEX as of 1 January 2020: https://www.eex.com/en/about/newsroom/news-detail/press-release--eex-and-powernext-intend-to-offer-power-derivatives-and-gas-markets-under-one-exchange-license/99792
- In September, Nodal Exchange expanded its product offering in natural gas, by introducing seven newHenry Hub natural gas contracts:https://www.nodalexchange.com/nodal-exchange-announces-expansion-of-natural-gas-futures-and-introduction-of-natural-gas-options
- On 18th September, Powernext successfully conducted the first auction of Guarantees of Origin (GO) for the French state. The auctions will be held on a monthly basis: https://www.powernext.com/press-release/successful-launch-monthly-auctions-guarantees-origin-france
- Also in September, EPEX SPOT celebrated its 10th anniversary, looking back on a decade of achievements that brought the European electricity sector closer together. EPEX SPOT was founded as a joint venture ofEEX and Powernext in September 2009: http://www.epexspot.com/en/press-media/press/details/Press/show_detail/41043
Spotlight: Eastern-EuropeanFutures with continuous growth
On the EEX powerderivatives market,futures for EasternEurope continue their steadygrowth.In June this year EEX extended its product range to financially settled futures for Bulgaria, Serbia and Slovenia.These products complementthe previous offering which include the Czech Republic, Hungary, Poland, Slovakia and Romaniaand which have been migrated in cooperation with Power Exchange Central Europe (PXE). In the third quarter, a volume of 46.4TWh was traded, which corresponds to a growth of 47 percent as against the same period of the previous year. The Bulgarian, Serbian and Slovenian contracts contributed 689,877 MWh to the volume.
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 agriculturalsas well as subsequent clearing and registry services. EEX Group consists of the trading venues European Energy Exchange (EEX), EPEX SPOT, Powernext (which operates the PEGAS platform), EEX Asia, Power Exchange Central Europe (PXE)andNodal Exchangeas well asthe 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.