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EEX Further Expands Exchange Transparency - Additional Information Provided On Web Site: Number Of Trading Participants And Their Share In The Trading Volume

Date 20/11/2007

In the framework of the continued expansion of its trans-parency, European Energy Exchange AG (EEX) will expand the range of information regarding the own data of the exchange on trading in power considerably as of today. Prior to its introduction, the new publication practice, which is in line with the German stock exchange act, was discussed intensively on the exchange council of EEX. “With this step, we are moving far beyond what is required by law without breaking the stock exchange act which guarantees the anonymity of trading and equal treatment of the participants“, Oliver Maibaum, Managing Director Exchange, explains and further un-derlines: “By means of this publication, we want to win further important trust in ex-change trading in power”.

As of today, additional data regarding trading in power is provided under the menu item “Market information“in the category “Transparency information”

(http://www.eex.com/en/Market%20Information/Transparency%20Information).

On the Spot Market for power, the following data is published on a daily basis for the hourly auction:
  • Number of the active trading participants in total per delivery day across all TSO zones of EEX for the German/ Austrian market area,
  • Number of the trading participants broken down both into sellers and buyers and into net-sellers (who sell more than they buy) and net-buyers (who buy more than they sell),
  • Average share of the five participants in trading (buy and sell side) with the highest turnover per trading participant.
On the Derivatives Market for power, the following data is published:
  • Number of the active trading participants on the basis of the transactions per day across all trades in Phelix Futures Contracts, Release 0001A European Energy Exchange AG
  • Average share of the five participants in trading (buy and sell side) with the highest turnover per trading participant across all transactions in Phelix Futures Contracts on a monthly basis, listed both for exchange transactions and for the entire volume including clearing for OTC transactions.

In addition to this data, the share of the market makers in the total sales on the Deriva-tives Market for power is shown. In this context, those trading participants who agree to be available as trading partners at all times and, hence, ensure basic liquidity are re-ferred to as market makers.