Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

EEX Trading Results In August

Date 05/09/2012

In August 2012, the total trading volume on the Natural Gas Market of the European Energy Exchange (EEX) amounted to 8,398,308 MWh.

The Natural Gas Derivatives Market developed particularly well. The traded volume on this market grew by 28 per cent in comparison to August 2011. The Natural Gas volumes can be broken down as follows:

Natural Gas Aug 2012 Vol/MWh Aug 2011 Vol/MWh
Total trading volume 8,398,308 6,290,107
Spot Market (market areas GASPOOL, NCG and TTF) 1,954,283 1,261,761
Derivatives Market (market areas GASPOOL and NCG) 6,444,025 5,028,346
thereof OTC Clearing volume 68,645 8,836

 

  • During the month, the daily reference price on the Spot Market for Natural Gas ranged between 21.32 Euro/MWh and 25.73 Euro/MWh.
  • The European Gas Index (EGIX), published by EEX, displays the current market price for natural gas deliveries in the following month. For August delivery, the EGIX Germany reference price was fixed at 24.78 Euro/MWh (EGIX GASPOOL:24.76 Euro/MWh, EGIX NCG: 24.80 Euro/MWh).

For the Emission Allowances Market, a total volume of 16,198,000 tonnes of CO2 was traded, which is more than double the volume of the same period last year (August 2011: 7,044,000 tonnes of CO2). The volumes traded in Emission Allowances were composed as follows:

Emission Allowances Aug 2012 Vol/tCO2 Aug 2011 Vol/tCO2
Total trading volume 16,198,000 7,044,000
EUA Spot Market 1,443,000 2,170,000
thereof Primary Market Auctions 1,200,000 1,500,000
EUA Derivatives Market 14,447,000 4,874,000
thereof Primary Market Auctions 8,250,000 2,850,000
CER Derivatives Market 308,000 20,000

 

  • During the month, the daily settlement price on the EUA Spot Market ranged from EUR 6.53 per EUA to EUR 8.12 per EUA
  • On the EUA Derivatives Market the daily settlement price in the front year contract (Dec-2012) was between 6.98 Euro/EUA and 8.16 Euro/EUA.

New participants

In August 2012, EEX admitted PetroChina International (London) Co., Limited, to trading on the Spot and Derivatives Market for Emission Allowances. Macquarie Bank Limited, London, has been admitted to trading on the Spot Market for Emission Allowances. Moreover, Quantum GmbH, Ratingen and Koch Supply & Trading Sàrl are new trading participants on the Spot Market for Natural Gas.

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.