PEGAS: Successful Migration Of EEX NCG Futures - PEGAS Increases Liquidity On GASPOOL Derivatives Market – Migration Of EEX Spot Market Products Scheduled For 9 July

As from today, trading in natural gas futures for the market area NetConnect Germany (NCG) listed at the European Energy Exchange (EEX) is activated on PEGAS, the joint platform of EEX and Powernext.

At 4:00 PM CET today, a volume of 44,640 MWh was traded in the NCG futures market on PEGAS with a total of 6 companies participating in trading, including GDF Suez Trading SAS, Freepoint Commodities Europe LLP, Koch Supply and Trading Sarl and optimization engineers GmbH. Among the trades, the first NCG/TTF location spread transaction was traded today.

The Natural Gas Futures of EEX and Powernext comprising the market areas GASPOOL, NCG, PEG Nord, and TTF, are tradable on the Trayport® Exchange Trading SystemSM as well as the location spread combinations of these products.

Since the migration of EEX GASPOOL futures to PEGAS on 4 June 2013, a volume of 780,890 MWh has been traded which corresponds to a significant increase compared with the previous months.

As a next step, the products of the 24/7 EEX Spot Market for the GASPOOL, NCG and TTF market areas will be migrated to PEGAS on 9 July 2013 increasing the range of tradable spreads available for spot trading.