In September, short-term trading developed particularly well due to increased member activity. The traded volume on the Natural Gas Spot Market doubled in comparison to September 2011. The Natural Gas volumes can be broken down as follows:
| Natural Gas | Sep 2012 Vol./MWh | Sep 2011 Vol./MWh |
| Total trading volume | 4,526,607 | 6,581,663 |
| Spot Market (market areas GASPOOL, NCG and TTF) | 3,213,287 | 1,573,508 |
| Derivatives Market (market areas GASPOOL and NCG)
thereof: OTC Clearing volume
|
1,313,320
0
|
5,008,155
84,645
|
- The daily reference price on the Spot Market for Natural Gas ranged between 24.34 Euro/MWh and 26.10 Euro/MWh.
- The European Gas Index (EGIX), published by EEX, displays the current market price for natural gas deliveries in the following month. For October delivery, the EGIX Germany reference price was fixed at 25.63 Euro/MWh (EGIX GASPOOL: 26.49 Euro/MWh, EGIX NCG: 26.55 Euro/MWh).
For Emission Allowances, a total volume of 18,588,000 tonnes of CO2 was traded in September. The increase in comparison to the same month of last year is due to a higher volume from the primary market auctions on the one hand. On the other hand, EEX records growing secondary market volumes: With a volume of 9,698,000 tonnes of CO2 traded in the EUA Futures Market, EEX more than trebled the result of the previous year (September 2011: 2,756,000 tonnes of CO2). The volumes traded in Emission Allowances were composed as follows:
| Emission Allowances | Sep 2012
Vol./tCO2
|
Sep 2011
Vol./tCO2
|
| Total trading volume | 18,588,000 | 6,782,000 |
|
EUA Spot Market
thereof: Primary Market Auctions
|
1,430,000
1,200,000
|
1,746,000
1,200,000
|
| EUA Derivatives Market
thereof: Primary Market Auctions
|
17,098,000
7,400,000
|
5,036,000
2,280,000
|
| CER Derivatives Market | 60,000 | 30,000 |
- In secondary trading, the daily settlement price on the EUA Spot Market ranged from EUR 6.80 per EUA to EUR 8.28 per EUA.
- On the EUA Derivatives Market the daily settlement price in the front year contract (Dec-2012) varied between EUR 7.27 per EUA and EUR 8.36 per EUA.
New participants
In September 2012, EEX admitted Vertis Environmental Finance Ltd., Budapest, to trade Emission Allowances. Moreover, Green Network SpA, Rome, has been admitted as a trading participant on the Power Derivatives Market.
