EEX Trading Results For February 2016 - Substantial Increase In Power Option Volumes

The monthly volume on EEX’s power derivatives market, amounted to 300.3 terawatt hours (TWh) in February 2016 which is an increase of 31% compared to February 2015 (228.8 TWh).

Compared to the previous year, volumes in all market areas increased significantly. In February, EEX recorded substantial increases in power options: Trading volumes in the German Phelix Options increased 4-fold to 12.5 TWh. The new options products for Italy (0.4 TWh), available at EEX since August 2015, recorded the highest volumes since the start of these products. In Spain power futures trading, EEX achieved a new monthly record at 4.5 TWh.

The February volumes comprised 162.7 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 86.4 million tonnes of CO₂ was traded in February, which means that the volume has increased by 66 % compared to the previous year (February 2015: 52.2 million tonnes of CO₂).

Volumes on the EUA secondary market have again increased significantly compared to the previous year. On the spot market, volumes increased 10-fold to 6.0 million tonnes of CO₂ while, on the derivatives market, volumes increased 21-fold to 18.2 million tonnes of CO₂. Primary market auctions contributed 62.2 million tonnes of CO₂ to the total volume. In February, EEX conducted the 1,000^th primary market auction of emission allowances.

Agricultural Products

In February, a total of 2,911 contracts was traded in agricultural products at EEX. This includes 1,762 contracts (equal to 44,050 tonnes) from European processing potatoes, 1,148 contracts (equal to 5,740 tonnes) from dairy Products and 1 contract (equal to 100 piglets) from lifestock and meat.

New Participants

In February, EEX admitted Illumia Trend S.r.l., Bologna, as new trading participant. Furthermore, Evolution Markets Ltd., London, and Starfuels Commodities Ltd., London, were recognised as new Non-Trading Brokers.

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