EEX increases emissions volumes and launches new power products
In June 2017, the European Energy Exchange (EEX) achieved a total volume of 181.2 TWh on its power derivatives markets (June 2016: 374.7 TWh). The June volume comprises 106.5 TWh traded at EEX via Trade Registration with subsequent clearing. Clearing and settlement of all exchange transactions was executed by European Commodity Clearing (ECC). In June, EEX launched new contracts to offer its customers further hedging opportunities against the background of the impending split of the German-Austrian price zone. On 26 June, the Phelix AT Future for the Austrian market and further shortterm maturities as well as a Non-MTF offering for the Phelix DE Future were launched. On 28 June, Phelix DE Options for the German market followed. Already on 15 June, EEX migrated the power products for the Eastern European markets which were previously traded on Power Exchange Central Europe (PXE) onto its platform. In these products, a volume of 1.3 TWh was traded until the end of the month.
Emission Allowances
On the EEX Market for emission allowances, traded volumes in June increased by 24% to 105.1 million tonnes of CO2 (June 2016: 84.8 million tonnes of CO2). On the EUA derivatives market, volumes increased by 46% to 26.6 million tonnes of CO2 (June 2016: 18.2 million tonnes of CO2). Primary market auctions contributed 74.5 million tonnes of CO2 to the total volume.
Agricultural Products
Throughout June, a total of 8,911 contracts was traded in agricultural products (June 2016: 4,389 contracts). Hence, volumes in this market have more than doubled. In dairy products, a new monthly record was achieved at 2,668 contracts (equal to 13,340 tonnes). Furthermore, the total volume includes 6,243 contracts from processing potatoes (equal to 156,075 tonnes).
Global Commodities
In freight futures which are available for trade registration, EEX recorded a volume of 1,890 contracts in June.
New Participants
In June, EEX admitted JWM Energia Sp. z o.o., Katowice (Poland), as new trading participant. Furthermore, 11 participants were admitted at EEX in the framework of the migration of the PXE products.
The European Energy Exchange (EEX) is the leading energy exchange in Europe. It develops, operates and connects secure, liquid and transparent markets for energy and commodity products. At EEX, contracts on Power, Coal and Emission Allowances as well as Freight and Agricultural Products are traded or registered for clearing. Alongside EEX, EPEX SPOT, Powernext, Cleartrade Exchange (CLTX), Gaspoint Nordic, Power Exchange Central Europe (PXE) and Nodal Exchange are also part of EEX Group. Clearing and settlement of trading transactions are provided by the clearing house European Commodity Clearing (ECC) and by Nodal Clear in the United States. EEX is part of Deutsche Börse Group.
More information: www.eex.com
Contact:
EEX Public Relations
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Phone: +44 20 7862 7568 (London)
E-Mail: presse@eex.com
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