EEX Trading Results In April – Exchange Trading In Italian Power Futures Launched Successfully – Volume In French Power Futures Almost Doubled

In April 2014, the total volume in power derivatives on the European Energy Exchange (EEX) amounted to 108.3 TWh which is an increase of 20 percent compared to the same month of the previous year (April 2013: 90.3 TWh).

In April, 40.4 TWh have been registered at EEX for trading via European Commodity Clearing (ECC). Since 7 April 2014, EEX has offered exchange trading for Italian Power Futures, with 1.4 TWh traded in these new products so far. Furthermore, EEX reached a new monthly record in the registration of trades for clearing in this market at 5.9 TWh. On the French Power Derivatives Market, the volume almost doubled to 3.5 TWh compared to the previous year (2013: 1.8 TWh).

The Power Derivatives Market volumes are broken down as follows:

Power	April 2014 Vol. in MWh	April 2013 Vol. in MWh
Total trading volume	108,255,700	90,344,759
Phelix Futures	96,572,232	87,775,654
French Futures	3,498,645	1,761,505
Italian Futures	7,370,068	-
Dutch Futures	83,295	-
Romanian Futures	11,160	-
Spanish Futures (Trade Registration)	139,500	-
Phelix Options	580,800	807,600

The base load price for the year 2015 in the product Phelix Future (market area Germany/Austria) was quoted at EUR 34.61 per MWh on 30 April 2014.
The peak load price for 2015 in the product Phelix Future was quoted at EUR 44.10 per MWh.

Emission Allowances

On the EEX Market for Emission Allowances, a total volume of 32.3 million tonnes of CO₂ was traded in April compared with 71.1 million tonnes of CO₂ in April 2013. During the month, Primary Market Auctions contributed 30.2 million tonnes of CO₂ to the total volume.

The volumes traded in Emission Allowances were as follows:

Total trading volume	32,317,000	71,122,000
EUA Spot Market - Primary Market Auctions: - Secondary Market:	31,816,000 30.186.000 1,630,000	70,286,000 67,961,000 2,325,000
CER Spot Market	371,000	12,000
EUA Derivatives Market	130,000	824,000

In April, the monthly average of the ECarbix (European Carbon Index) amounted to EUR 5.21 per EUA.
On the EUA Derivatives Market, the daily settlement price in the front year contract (Dec-2014) varied between EUR 4.75 per EUA and EUR 5.77 per EUA.

New Participants

In April, EEX admitted GasVersorgung Süddeutschland GmbH, Électricité Réseau Distribution France, Gas Terra B.V., MND a.s. and GELSENWASSER AG as new participants. Furthermore, Energa-Obrót was admitted for trading on the Spot and Derivatives Market for Natural Gas.

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 related products on which power, natural gas, CO₂ emission allowances, coal and guarantees of origin are traded. In the context of its majority shareholding in Cleartrade Exchange (CLTX), EEX additionally offers the markets for freight, iron ore, fuel oil and fertilizer. Clearing and settlement of all trading transactions are provided by the clearing house European Commodity Clearing AG (ECC). EEX is a member of Eurex Group.