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The European Energy Exchange (EEX) will introduce the trading system offered by Trayport® for its natural gas markets. In addition to the existing systems, 24/7 spot trading in natural gas as well as derivatives trading will be available from May 2013 on the Trayport® Exchange Trading System (ETS).
All EEX natural gas products will be offered for trading on Trayport® ETS with a 10 MW lot size. The Within-Day contract will be available as 1 MW lot size also on Trayport® ETS. With the new system, EEX trading participants will be able to use a functionality allowing for location spreads between the gas market areas connected to the exchange. Thus, on the Spot Market GASPOOL/NCG, GASPOOL/TTF and NCG/TTF spreads will be available for trading as well as GASPOOL/NCG spreads on the Derivatives Market.
With this step, EEX prepares for the foreseen cooperation with the French Powernext. Subject to the approval of the cooperation, market participants will have the opportunity to trade the EEX natural gas products, together with all Powernext products and including the respective location spreads, on one platform as indicated in the press release dated to 6 November 2012.
EEX provides further information on the migration of the trading system to Trayport® ETS at the following link: http://www.eex.com/en/EEX/gas-cooperation-eex-powernext
The European Energy Exchange (EEX) is the leading energy exchange in Europe.It develops, operates and connects secure, liquid and transparent markets for energy and related products on which power, natural gas, CO2 emission allowances and coal are traded. Clearing and settlement of all trading transactions are provided by the clearing house European Commodity Clearing AG (ECC). EEX is a member of Eurex Group.
