New Market Maker On The Natural Gas Spot Market

The European Energy Exchange AG (EEX) welcomes Optimization Engineers GmbH as a new market maker for the Natural Gas Spot Market. As of now, the Hattingen-based company will quote in 1 MW contracts on the Natural Gas Spot Market (GASPOOL and NCG market area).

“The 1 MW contracts facilitate the optimisation on the Natural Gas Spot Market of the exchange for small and medium-sized traders“, explains Oliver Maibaum, ManagingDirector Exchange. “We are pleased that Optimization Engineers GmbH will operate as a market maker and support liquidity in this market segment.“ Thus, E.ON EnergyTrading SE, Optimization Engineers GmbH, RWE Supply & Trading GmbH, and VitolS.A. are admitted as market makers on the Natural Gas Spot Market.

The European Energy Exchange (EEX) develops, operates and connects secure, liquid and transparent markets. EEX holds 50 percent of the shares in EPEX Spot SE, which operates the Spot Market for Power for Germany, France, Austria and Switzerland. The German and French Derivatives Market for Power is concentrated within EEX Power Derivatives GmbH, a majority-owned subsidiary of EEX with registered offices in Leipzig. Furthermore, EEX offers spot and derivatives trading in natural gas and CO2 emission allowances as well as trading in financial coal futures. EEX Group also includes European Commodity Clearing AG (ECC), the central clearing house for energy and related products in Europe.