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FTSE Mondo Visione Exchanges Index:

EEX Trading Results For June 2017 - EEX Increases Emissions Volumes And Launches New Power Products

Date 03/07/2017

In June 2017, the European Energy Exchange (EEX) achieved a total volume of 181.2 TWh on its power derivatives markets (June 2016: 374.7 TWh).

The June volume comprises 106.5 TWh traded at EEX via Trade Registration with subsequent clearing. Clearing and settlement of all exchange transactions was executed by European Commodity Clearing (ECC).

In June, EEX launched new contracts to offer its customers further hedging opportunities against the background of the impending split of the German-Austrian price zone. On 26 June, the Phelix AT Future for the Austrian market and further short-term maturities as well as a Non-MTF offering for the Phelix DE Future were launched. On 28 June, Phelix DE Options for the German market followed.

Already on 15 June, EEX migrated the power products for the Eastern European markets which were previously traded on Power Exchange Central Europe (PXE) onto its platform. In these products, a volume of 1.3 TWh was traded until the end of the month.

Emission Allowances

On the EEX Market for emission allowances, traded volumes in June increased by 24% to 105.1 million tonnes of CO2 (June 2016: 84.8 million tonnes of CO2). On the EUA derivatives market, volumes increased by 46% to 26.6 million tonnes of CO2 (June 2016: 18.2 million tonnes of CO2). Primary market auctions contributed
74.5 million tonnes of CO2 to the total volume.

Agricultural Products

Throughout June, a total of 8,911 contracts was traded in agricultural products (June 2016: 4,389 contracts). Hence, volumes in this market have more than doubled. In dairy products, a new monthly record was achieved at 2,668 contracts (equal to 13,340 tonnes). Furthermore, the total volume includes 6,243 contracts from processing potatoes (equal to 156,075 tonnes).

Global Commodities

In freight futures which are available for trade registration, EEX recorded a volume of 1,890 contracts in June.

New Participants

In June, EEX admitted JWM Energia Sp. z o.o., Katowice (Poland), as new trading participant. Furthermore, 11 participants were admitted at EEX in the framework of the migration of the PXE products.

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, Power Exchange Central Europe (PXE) and Nodal Exchange are also part of EEX Group. Clearing and settlement of trading transactions are provided by the clearing house European Commodity Clearing (ECC) and by Nodal Clear in the United States. EEX is part of Deutsche Börse Group. More information: www.eex.com

EEX – Monthly Figures Report for June 2017

Volumes

 

Power Derivatives Market

Monthly volume

 

MWh

Monthly volume – previous year

MWh

Total

181,207,237

374,687,495

Phelix Futures

101,523,217

269,974,046

Phelix DE Futures

12,184,079

-

Phelix AT Futures

8,760

-

French Futures

18,071,023

33,015,576

Italian Futures

30,571,041

36,626,786

Spanish Futures

9,152,391

6,495,447

Further markets

3,301,926

1,889,990

Options on Phelix Futures

6,394,800

25,173,600

Further Option Markets

0

1,512,050

 

CO2 Emissions Market

Monthly volume


tonnes of CO2

Monthly volume – previous year

tonnes of CO2

Total

105,084,500

84,827,500

EUA Spot Market
- thereof: Primary Market Auctions
- thereof: Secondary Market

78,497,500
74,482,500
4,015,000

66,336,500
62,912,500
3,424,000

CER Spot and Derivatives Market

0

250,000

EUA Futures

26,587,000

18,241,000

Agricultural Products

Monthly volume

 

Number of contracts

Monthly volume
– previous year

Number of contracts

Total

8,911

4,389

Processing Potatoes

6,243

3,095

Dairy Products

2,668

1,293

Hogs and Piglets

0

1

Global Commodities

Monthly volume

 

Number of contracts

Monthly volume
– previous year

Number of contracts

Freight Futures

1,890

-

Prices and Indices

 

June 2017

Phelix Futures – Settlement Price for base load contract

with delivery in 2018 (in €/MWh)

30.78

Phelix Futures – Settlement Price for peak load contract

with delivery in 2018 (in €/MWh)

38.60

E-Carbix (in €/EUA)

4.97

Settlement Price on EUA Derivatives Market

in Dec 2017 contract (min, / max,) in €/EUA

4.79 / 5.18