The European Energy Exchange AG (EEX) welcomes EDF Trading Limited as a new market maker for trading on the Derivatives Market for Natural Gas. As a market maker for the Natural Gas Derivatives Market, EDF Trading Limited will submit quotes for the first two front months and front quarters in the Net-Connect Germany (NCG) market areas as of now. “We are pleased that with EDF an internationally operating trading company is beginning to operate on the EEX Gas Market“, says Oliver Maibaum, Managing Director Exchange. ”Market Makers are important in order to further strengthen the trading participants‘ confidence in our trading market and promote continuous trading in gas. Through regular bids in the front month contracts we increase the liquidity of the Derivatives Market and raise the acceptance of the EGIX gas price index, which was launched recently. EDF‘s admission as a market maker emphasises the increasing importance of EEX in European wholesaling.“ The European Energy Exchange (EEX) develops, operates and connects secure, liquid and transparent markets. EEX holds 50 percent of the shares in EPEX Spot SE, which operates the Spot Market for Power for Germany, France, Austria and Switzerland. The German and French Derivatives Market for Power is concentrated within EEX Power Derivatives GmbH, a majority-owned subsidiary of EEX with registered offices in Leipzig. Furthermore, EEX offers spot and derivatives trading in natural gas and CO 2
emission allowances as well as trading in financial coal futures. EEX Group also includes European Commodity Clearing AG (ECC), the central clearing house for energy and related products in Europe.