The European Energy Exchange (EEX) achieved another milestone in its Freight business by gaining the majority share of the open interest (OI) in the total Freight market (Futures and Options combined), thereby overtaking the market leader for the first time and setting a new record for the business.
EEX has reported significant increases across its markets in February with the power spot market up by 15 per cent to 53.7 TWh. This was largely driven by the solid performance on the Intraday market which grew by 44 per cent compared to 2019.
A total volume of 10.1 TWh was traded in EEX's intraday power markets in January 2020, a 46 per cent increase year on year.
OCC, one of the world’s largest equity derivatives clearing organisations, has reported January 2020 total cleared contract volume of 521,727,816 contracts, the industry’s highest January ever – up 23.5 per cent from January 2019, and the third highest month overall.
EEX Group achieved major increases in all territories and across the majority of its portfolio in 2019 with double digit growth on its power and natural gas markets and with triple digit growth recorded on its freight markets.
PEGAS registered a total natural gas volume of 190.6 TWh in December, a raise of 20 per cent year-on-year (December 2018: 158.1 TWh).
The European Energy Exchange (EEX) increased the volume on the Power Derivatives Market by 32 per cent year-on-year in December 2019 to 360.3 TWh (December 2018: 273.7 TWh).
PEGAS, the pan-European gas trading platform of EEX Group operated by Powernext, registered a total volume of 195.0 TWh in November.
PEGAS, the pan-European gas trading platform of EEX Group operated by Powernext, registered a total volume of 212.0 TWh traded on the platform in October 2019, up to 12 per cent compared to 2018.
In October 2019, the European Energy Exchange (EEX) increased volumes on its power derivatives market by 5 per cent to 356.0 TWh (October 2018: 339.3 TWh).