Since December 5, 2007, European Energy Exchange AG (EEX), the leading energy exchange in continental Europe, and Eurex, one of the world’s leading derivatives exchanges, cooperated in emissions trading. As part of this cooperation, EEX and Eurex will offer trading in emission rights (EUA) through the Eurex® system, which they both use. Eurex participants can trade EEX CO2 products via their existing infrastructure connections.
In conjunction with this cooperation, the margin parameters for the cooperation product F2PE (EEX Future EUA period 2, margin class F2PE), the margin parameters have been adjusted as follows. They are valid as of February 13, 2008:
Initial Margin Parameter: 2.2 EUR/EUA, 2200 EUR per contract (old 2.6€/EUA)
Spread Margin Parameter: 300 EUR per contract
