EEX To Launch Non-MTF Power Futures

As announced in the customer information on 9 February and on 11 April, EEX intends to launch additional trading venues (non-MTFs) for German and French power derivatives in response to on-going MiFID II legislation.

The new products will be available as of 1st July 2016.

Product Setup

The new contracts will be set up in the Eurex trading system for exchange trading and trade registration as shown below:

Non-MTF Power Futures

Further product details can be found in the EEX contract specifications available on EEX web-site under the following link:
https://www.eex.com/en/trading/rules-and-regulations/non-mtf-market

Trading Hours
The Futures are tradable during the regular trading hours from 8:00 am to 6:00 pm CET. Trade registration services are available for the same time.

Participation
The precondition to trade Non-MTF Futures is an admission to the EEX non-MTF market. The relevant documents can be found here:
https://www.eex.com/en/access/admission/admission-forms/non-mtf-market
For all participants, it is necessary to inform your clearing bank (General Clearing Member) of your intention to trade these products and to contact Member Readiness (memberreadiness@ecc.de).

Technical Access
The new products will be automatically integrated into the EEX screens (T7-GUI and TT) in the usual manner and rolled out to our members. Customers trading via the Trayport® GlobalVisionSM Portal (Trading GatewaySM User) should use Trayport’s GoldmappingSM Service or map the products manually, as well as updating the workbooks to have these new contracts on the screen. Users of the Exxeta Energy Trader® (EET) can configure the new Futures in their GUI them-selves. The trade registration through both Clearing Registration Service (eXRP) and Trayport Clearing Link can be done without adjustment.