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The European Energy Exchange (EEX) welcomes Belektron d.o.o. as a new Market Maker on the Derivatives Market for Emission Allowances. Since January 2015, Belektron has been active as a Market Maker on the EUA Spot Market and has provided buy and sell orders on the EUA Futures Market since the beginning of this month.
"We are pleased to be able to extend our market making services on the spot market also to the EEX carbon derivatives market. This will further strengthen Belektron's position as a major player in the European carbon markets," added Boštjan Bandelj, director of Belektron.
“The support of Belektron will further contribute to strengthen price quality in our orderbook and to further increase volumes on the secondary market”, comments Steffen Köhler, Chief Operating Officer of EEX.
From January until July 2016, the EEX volume on the secondary market for emissions allowances increased more than 5 fold compared to the same period of 2015: Secondary spot trading rose by +315%, derivatives market trading rose by +738%. Currently, 106 trading participants are admitted for trading on the EEX Emissions Spot Market and 148 participants are admitted for trading on the Emissions Derivatives Market.
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 commodity products. At EEX, contracts on Power, Coal and Emission Allowances as well as Freight and Agricultural Products are traded or registered for clearing. Alongside EEX, EPEX SPOT, Powernext, Cleartrade Exchange (CLTX), Gaspoint Nordic and Power Exchange Central Europe (PXE) are also part of EEX Group. Clearing and settlement of trading transactions are provided by the clearing house European Commodity Clearing (ECC). More information: www.eex.com
