EEX Posts New Record On The Power Derivatives Market – Phelix Futures Exceed 300 TWh

In November 2016, the European Energy Exchange (EEX) has reached a new monthly record on its power derivatives markets: In total 423.2 TWh were traded, exceeding the previous record of 416.3 TWh in April 2016. Compared with the previous year, the total volume rose by 50% (November 2015: 281.8 TWh).

The volume increase in Phelix Futures (market area Germany/Austria) contributed to the overall volume: In this market, the monthly volume exceeded the trading volume of 300 TWh for the first time, representing an increase of 74% against the previous year. Furthermore, the volumes traded in French power futures increased by 21%, Spanish power futures increased by 42%.

The November volumes comprised 229.9 TWh registered at EEX for clearing. Clearing and settlement of all transactions was executed by European Commodity Clearing (ECC).

Emission Allowances

On the EEX Market for emission allowances, a total volume of 79.2 million tonnes of CO₂ was traded in November which is an increase of 12% compared to November 2015 (70.4 million tonnes of CO₂). Thereof, 58.6 million tonnes of CO₂ were sold in the primary market auctions.

The volume traded in EUA Futures amounted to 18.5 million tonnes of CO₂ which represents an increase of 68% against the previous year (November 2015: 11.0 million tonnes CO₂). In addition, EEX registered 250,000 tonnes of CO₂ in the recently introduced EUA options.

Agricultural Products

In November, a total of 5,387 contracts was traded in agricultural products at EEX, representing an increase of 39% against the previous year (November 2015: 3,862 contracts). In the dairy segment EEX reached a new monthly volume with 1,884 traded contracts (equal to 9,420 tonnes). In addition, 3,503 contracts (equal to 87,575 tonnes) were traded in European processing potatoes.

New Participants

In November, EEX admitted Flow Traders B.V., Amsterdam, und Manta Commodities SE, Prague, as new trading participants.

Details on the volumes are available in the enclosed monthly report.

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 commodity products. At EEX, contracts on Power, Coal and Emission Allowances as well as Freight and Agricultural Products are traded or registered for clearing. Alongside EEX, EPEX SPOT, Powernext, Cleartrade Exchange (CLTX), Gaspoint Nordic and Power Exchange Central Europe (PXE) are also part of EEX Group. Clearing and settlement of trading transactions are provided by the clearing house European Commodity Clearing (ECC). EEX is part of Deutsche Börse Group. For more information:www.eex.com