EEX Trading Results For February 2017 - EEX Doubles Volume In Agricultural Products

In February 2017, the European Energy Exchange (EEX) reached a volume of 200.8 TWh on its power derivatives markets (February 2016: 300.3 TWh). In a shrinking overall market, EEX reached a volume of 22.1 TWh in Italy (previous year: 44.0 TWh) and 12.3 TWh in France (previous year: 32.6 TWh). Furthermore, 151.0 TWh were traded in the German market (previous year: 205.0 TWh).

The February volumes comprised 101.0 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 91.7 million tonnes of CO₂ was traded in February which represents a year-on-year increase of 6% (February 2016: 86.4 million tonnes of CO₂). In particular, this development was driven by the EUA Derivatives Market which increased by 14% to 20.7 million tonnes of CO₂ (February 2016: 18.2 million tonnes of CO₂). The primary market auctions contributed 69.0 million tonnes of CO₂ to the total volume.

Agricultural Products

During the month, a total of 6,151 contracts was traded in agricultural products at EEX which means that the volume more than doubled compared to the previous year (February 2016: 2,911 contracts). On the derivatives market for processing potatoes, the volume increased by 149% to 4,395 contracts (equal to 109,875 tonnes) while the derivatives market for dairy products increased by 53% to 1,759 contracts (equal to 8,870 tonnes).

Global Commodities

At 3,140 contracts, EEX recorded the second-highest volume in freight futures which are available for clearing via ECC.

New Participants

In February, EEX admitted Api Nòva Energia S.r.l., Rome, as well as STX Services B.V., Amsterdam, as new trading participants. Furthermore, PVM Oil Futures Ltd., London, was recognised as new Non-Trading Broker.

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