OTF Products

Since MiFID II became effictive on 3rd January 2018, EEX transfered their Non-MTF offering for power into Organised Trading Facilities (OTFs).

The OTF markets enable participants who wish to fulfil their positions physically to trade without fulfilling requirements that had been originally designed for finanancial markets.

Within the transition, all Non-MTF products became OTF products.

EEX lists financial as well as non-financial instruments on the OTF markets. Products on the OTF which “can be physically settled” are classified as financial instruments while products which “must be physically settled” are classified as non-financial instruments according to MiFID II, the latter being exempt from certain obligations of MiFID II and other financial regulation.

Advantages of Trading OTF Products at EEX

  • Products on the OTF which “must be physically settled” are classified as non-financial instruments according to MiFID II, the latter being exempt from certain obligations of MiFID II and other financial regulation.
  • High standards of transparency and supervision
  • Additional trading venues widen the scope of service

OTF Future Products at a glance

ContractMaturitiesLot sizeQuotation
Phelix-DE
(physically fulfilled)

The current and the next 9 months

The respective next 11 full quarters

The respective next

6 Full years
1 MW€ 0.01 per MWh
Phelix-AT
(physically fulfilled)
The current and the next 9 months

The respective next 11 full quarters

The respective next

6 Full years
1 MW€ 0.01 per MWh

Phelix-DE/AT
(financially fulfilled)

The current and the next 9 months

The respective next 11 full quarters

The respective next

6 Full years

1 MW€ 0.01 per MWh

France
(physically fulfilled)

The current and the next 6 months

The respective next 7 full quarters

The respective next

6 full years
1 MW€ 0.01 per MW