The European Energy Exchange (EEX) continues to migrate its natural gas products onto PEGAS, the EEX and Powernext common exchange platform.
From 27 June 2013 onwards, the EEX 10 MW Gas Futures products for physical delivery in the NetConnect Germany area (Months, Seasons, Quarters and Calendar Years) will be available for trading on the Trayport® Exchange Trading SystemSM. This will increase the range of tradeable spreads on PEGAS, allowing Market participants to trade locational spreads on Futures products between the market areas of GASPOOL, NCG, TTF and PEG Nord on integrated order books for each market area. Liquidity of the single products will then be combined and, for the first time, spreads cleared at European Commodity Clearing (ECC) will be tradable on an exchange without execution risk.
PEGAS was launched on 29 May 2013 with all existing Powernext gas products. On 4 June, EEX successfully migrated its Natural Gas Futures for the market area GASPOOL onto the platform. Following the migration of the NCG Gas Futures, EEX will also migrate the Spot Market products for the GASPOOL, NCG and TTF area onto PEGAS. EEX will announce the exact launch date in due time.
