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EEX To Introduce New Financially Settled Power Futures For Belgium And The Netherlands - New Products And Corresponding Location Spreads To Start In June

Date 21/05/2015

The European Energy Exchange (EEX) will start offering exchange trading for financially settled Belgian and Dutch Power Futures on 22 June 2015, subject to the approval of the Exchange Council of EEX. This makes EEX the first exchange to offer trading of financially settled Futures for those two market areas.

EEX has been giving its trading participants the opportunity to trade Belgian and Dutch Power Futures as physically settled contracts since 2 September 2013. By expanding the offer with financially settled Futures, those market areas become even more interesting for trading participants from the financial sector who want to hedge against future price risks.

Starting on 23 June 2015, Location Spreads with neighbouring markets will also be introduced to further increase the liquidity in these market areas and to provide more trading opportunities for the participants. The following Location Spreads will be launched: Netherlands – Germany, Netherlands – France, Netherlands – Belgium, Belgium – France. The trading of Location Spreads enables participants to trade in price differences between the individual delivery areas.

In addition to Dutch and Belgian products, German, French, Italian, Spanish, Swiss and Nordic Futures are available for trading on the EEX Power Derivatives Market. Furthermore, EEX is offering the registration of OTC trades for clearing (Trade Registration) for those markets as well as for Romania and Greece.

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 commodities 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 (incl. APX-Belpex), Powernext, Cleartrade Exchange (CLTX) and Gaspoint Nordic are also part of EEX Group. Clearing and settlement of trading transactions are provided by the clearing house European Commodity Clearing (ECC).