The European Energy Exchange (EEX) and Eurex will extend their existing product cooperation to all commodities offered for trading on the energy exchange.
From 3 April, the customers of the Eurex derivatives exchange that are admitted on EEX will also be able to trade and clear the products on the Natural Gas Derivatives Market through their existing infrastructure. This comprises the futures for the GASPOOL and NetConnect Germany (NCG) gas market areas. In addition, all new products on the Derivatives Market for Emission Allowances will also be available for trading from the end of April. Moreover, it is planned that Eurex participants will be able to trade coal futures probably from the middle of the year.
The expansion of the cooperation with further commodity products provides new trading opportunities for the Eurex participants in addition to classical financial derivatives and opens the EEX markets to a bigger number of trading participants worldwide. As has been the case so far there will be a simplified admission process on EEX for the Eurex participants.
Eurex Exchange participants have been able to trade the emissions products on the EEX Derivatives Market since December 2007. In November 2009, the cooperation was expanded to power derivatives. EEX currently has 221 trading participants from 22 countries. Thereof 29 companies have been admitted in the framework of the EEX/Eurex cooperation.
