.jpg)
In the course of a meeting between European Energy Exchange AG (EEX) and potential market makers last Friday, E.ON Ruhrgas AG, Elec-trabel S.A. Belgium, Essent Energy Trading B.V. and RWE Trading GmbH announced that they will be available as market makers for the E.ON Gastransport H-gas market area. In addition, Electrabel S.A. Belgium, Essent Energy Trading B.V. and RWE Trad-ing GmbH will also offer market making for the BEB H-gas market area. Moreover, Ac-togas GmbH, EDF Trading Limited and VNG Verbundnetz Gas AG have also signalled a high degree of interest in market making.
A market maker is a trading participant who ensures that other trading participants can find a trading partner at all times by placing binding bid and ask orders in the system at the same time. Hence, continuous trading is promoted and liquidity on the respective market is improved.
EEX operates a Spot and a Derivatives Market for power and CO2 emission allow-ances. Moreover, trading in coal futures and clearing of coal contracts are offered. In-tegrated clearing is effected via European Commodity Clearing AG (ECC), a wholly owned subsidiary of EEX AG, which also co-operates with the Dutch ENDEX European Energy Derivatives Exchange N.V. With currently 159 trading participants from 19 countries EEX is the energy exchange in continental Europe which boasts the biggest number of trading participants and the highest turnover.
