As of 24 March 2011, the European Energy Exchange AG (EEX) will standardise the trading hours on all markets of the exchange to the hours from 08:00am to 06:00pm (CET).
As a result, trading on the Spot Market for CO2 Emission Allowances and on the Derivatives Market for Power, CO2 Emission Allowances and Coal will be open from 08:00am to 06:00pm (CET). The registration of over-the-counter (OTC) transactions for clearing on the Derivatives Market via the EEX subsidiary European Commodity Clearing AG (ECC) will also be possible in all Derivatives Market products from 08:00am to 06:00pm (CET).
"The harmonised trading hours across all markets and products offer our participants a standardised and higher availability of the exchange market”, says Oliver Maibaum, Managing Director Exchange of EEX.
As early as in June 2010 EEX extended the trading hours on the CO2 Derivatives Market and in January 2011 the extended trading hours were implemented on the Spot and Derivatives Market for Natural Gas.
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 CO2 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.