Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

EEX Trading Results In July

Date 03/08/2011

In July 2011 the total trading volume on the Natural Gas Market of the European Energy Exchange (EEX) amounted to 2,573,289 MWh compared with 8,689,500 MWh in July 2010.

Thereof 953,699 MWh was traded on the Spot Market for the delivery into the market areas GASPOOL, NCG and TTF (July 2010 GASPOOL and NCG volume: 965,970 MWh). The daily reference price on the Spot Market for Natural Gas ranged between EUR 20.83 per MWh and EUR 22.17 per MWh. 

On the Derivatives Market for Natural Gas (GASPOOL and NCG market areas) a volume of 1,619,590 MWh was traded (July 2010: 7,723,530 MWh). On 29 July 2011, the open interest was 21,157,068 MWh. On 29 July 2011 Natural Gas prices for deliv- ery in 2012 were fixed at EUR 27.63 per MWh (GASPOOL) and EUR 27.69 per MWh (NCG), respectively. The last monthly average value for the natural gas index EGIX Germany, which constitutes the reference price for the delivery month August 2011, was fixed with 21.96 Euro/MWh on 28 July 2011.

In July, the total volume on the EEX Markets for CO2  Emission Allowances (EUA) amounted to 6,392,000 EUA compared with 22,510,500 EUA in July 2010.

On the Spot Market a total of 2,137,000 EUA was traded in July. The volume included 937,000 EUA traded on the secondary spot market (July 2010: 613.500 EUA) and 1,200,000 EUA from the primary market auction. During the month, the Carbix (Carbon Index) ranged between EUR 11.53 per EUA and EUR 13.27 per EUA.

The volume on the Derivatives Market amounted to 4,255,000 EUA. The volume included  1,975,000  EUA  traded  on  the  secondary  derivatives  market  (July  2010:18,417,000 EUA) and 2,280,000 EUA from the primary market auction. The 2011 Mid- Dec future contract settled at EUR 12.24 per EUA on 29 July 2011, and the 2012 future contract at EUR 12.81 per EUA.

On the CODerivatives Market for Certified Emission Reductions a volume of 10,000

CER was traded in July. On 29 July 2011, the 2011 Mid Dec future contract was traded at EUR 9.21 per CER and the 2012 future contract at EUR 9.40 per CER.

In  July,  EnBW  Transportnetze  AG,  Stuttgart,  Evolution  Markets  Limited,  London, KEHAG Kasseler Energiehandel AG, Kassel, KRI Marketing & Trading, Gdansk/Poland, Repower Trading Česká republika s.r.o., Prague, and Tradition (Dubai) Ltd., Dubai, have been admitted for trading on the Derivatives Market of EEX. In the framework of the EEX Eurex co-operation Method Investments & Advisory LTD, London, was admitted for trading on the Derivatives Market for Emission Allowances. Poweo S.A., Paris, became a new member on the Natural Gas Spot Market; Sorgenia Trading S.p.A., Milan, became a new member on the Spot and Derivatives Market for Natural Gas.