Dear trading participants,
EEX will adjust the offered market making scheme and market maker selection process for German, French and Italian Power Futures. For this purpose, a new market maker scheme has been designed and a tender is rolled out for all trading participants of EEX who wish to make use of this scheme.
The new program combines standardisation to ensure equal treatment with flexibility for market making under all market conditions. For more detailed information please get in touch with your Key Account Manager, who will provide you with further information and the necessary documentation. The rulebook for the tender can be found here.
The tender call phase is split into two parts. The first round will be open to already admitted power market makers, no matter the European power market they are active in. The second round will be opened to all trading participants of EEX, including current market makers who were not selected during the first round. In total, EEX will select up to 5 market makers (up to 4 in the first round, minimum 1 in the second round) for the respective markets according to the rules laid down in the tender rulebook and if not yet the case, grant an approval status as market maker.
Trading participants who wish to take part in the new market maker scheme for the EEX German, French and/or Italian Power Futures are requested to complete the bidding form and submit it to EEX no later than 31 October 2022 for the first round and by 2 December 2022 for the second round. EEX reserves the right for plausibility checks of the bidding forms and may exclude a participant from the selection process.
Please do not hesitate to contact your Key Account Manager or Market Operations if you have any questions.
Yours sincerely,
EEX Market Operations
P: +49 341 2156 - 222
trading@eex.com
EEX Sales
P: +49 341 2156 - 555
sales@eex.com