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The EEX shall offer reduced transaction fees for trading in natural gas from the start of trading on 2 July 2007 as a gesture to the market. The reduction of the transaction fees which is valid until the end of 2007 applies for both the spot and derivatives market. This makes the trading for the participants even more attractive. The fee structure for the individual markets in this timeframe is as follows:
For day ahead and weekend baseload contracts with delivery of natural gas in Germany the reduced transaction fee is 0.01 €/MWh instead of 0.04 €/MWh.
For natural gas futures and for the registration of OTC natural gas forward trades (EFP) the reduced transaction fee is 0.005 €/MWh instead of 0.01 €/MWh.
European Energy Exchange (EEX) operates a Spot and a Derivatives Market for energy products. With more than 170 trading participants from 19 countries it is the energy exchange in continental Europe which boasts the biggest number of trading participants and the highest turnover. Power, gas, CO2 emission allowances and coal are traded both short-term on the Spot Market and long-term on the Derivatives Market with a time horizon of up to six years into the future. Clearing of exchange and over-the-counter transactions (OTC clearing) is provided by European Commodity Clearing AG (ECC). ECC is the clearing house of EEX and a subsidiary of the exchange.
