Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

EEX Trading Results In June

Date 04/07/2012

In June 2012, the total trading volume on the Natural Gas Marketof the European Energy Exchange (EEX) amounted to 3,516,998 MWh (June 2011:3,685,937 MWh). The Natural Gas volumes can be broken down as follows:

Natural Gas

Jun 2012

Vol./MWh

Jun 2011

Vol./MWh

Total trading volume

3,516,998

3,685,937

Spot Market

(market areas GASPOOL, NCG and TTF)

1,578,288

1,314,407

Derivatives Market

(market areas GASPOOL and NCG)

thereof: OTC Clearing volume

1,938,710

208,440

2,371,530

794,880

 

  • During the month, the daily reference price on the Spot Market for Natural Gasranged between 22.59 Euro/MWh and 25.10 Euro/MWh.
  • The European Gas Index (EGIX) published by EEX displays the current market price for natural gas deliveries in the next month. For the delivery month July the reference price EGIX Germany was fixed with 23.70 Euro/MWh (EGIX GASPOOL:23.67 Euro/MWh, EGIX NCG: 23.73 Euro/MWh).

On the Markets for Emission Allowances a total volume of 25,432,000 tonnes of CO2 was traded which means that EEX more than trebled the result of the previous year (June 2011: 7,513,000 tonnes of CO2). The volumes traded in Emission Allowancesare composed as follows:

Emission Allowances

Jun 2012

Vol./tCO2

Jun 2011

Vol./tCO2

Total trading volume

25,432,000

7,513,000

EUA Spot Market

thereof: Primary Market Auctions

2,357,000

2,200,000

1,701,000

1,200,000

Emission Allowances

Jun 2012

Vol./tCO2

Jun 2011

Vol./tCO2

Total trading volume

25,432,000

7,513,000

EUA Spot Market

thereof: Primary Market Auctions

2,357,000

2,200,000

1,701,000

1,200,000

 

  • During the month, the daily settlement price on the EUA Spot Market rangedbetween EUR 6.35 per EUA and EUR 8.19 per EUA. 
  • On the EUA Derivatives Market the daily settlement price in the front year contract

(Dec-2012) ranged between 6.46 Euro/EUA and 8.29 Euro/EUA.

New participants

In June, EEX admitted ExxonMobil Gas Marketing Europe Limited, Leatherhead, Surrey (Great Britain) and citiworks AG, Darmstadt, for trading on the Spot Market for Natural  Gas.  Moreover,  EGL  AG,  Laufenburg,  was  admitted  on  the  Spot  and Derivatives Market for Natural Gas. Gazprom Marketing & Trading Limited, London, is new trading participant on the Spot Market for Emission Allowances.

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 and coal are traded. 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.