In September 2018, the European Energy Exchange (EEX) increased volumes on its power derivatives markets by 42 per cent to 377.1 TWh (September 2017: 265.8 TWh) and, as a result, reached the highest monthly volume since November 2016.
In particular, record volumes in Phelix-DE Futures (232.8 TWh) and Phelix-AT Futures (0.5 TWh) as well as in Futures for the Italy (62.1 TWh) and Spain (12.2 TWh) contributed to this development. Furthermore, volumes in power options increased by 60 per cent to 12.2 TWh (September 2017: 7.7 TWh).
The September volume comprised 204.6 TWh traded at EEX via Trade Registration with subsequent clearing. Clearing and settlement of all exchange transactions was executed by European Commodity Clearing (ECC).
On the EEX markets for emission allowances, the total trading volume increased by 69 per cent to 317.0 million tonnes of CO2 in September (September 2017: 187.8 million tonnes of CO2). The EUA derivatives market accounted for a major share of the total volume with 94.5 million tonnes of CO2 traded in EUA Futures and 149.7 million tonnes of CO2 traded in EUA Options. Primary market auctions contributed 68.6 million tonnes of CO2 to the total volume.
Throughout September, trading volumes in agricultural products increased by 24 per cent to 5,230 contracts (September 2017: 4,225 contracts). In the dairy segment, the volume reached 3,923 contracts (equal to 19,715 tonnes) which is a new monthly record in this market. In processing potatoes, volumes amounted to 1,307 contracts (equal to 32,675 tonnes).
In freight futures which are available for trade registration, EEX volumes increased by almost 200 per cent to 4,880 contracts (September 2017: 1,685 contracts). This is the second-highest volume in this market so far after the record month in May 2017.
In September, EEX admitted C.U.Ra. Consorzio Utilities Ravenna Scrl, Ravenna (Italy) and MFT Energy A/S, Aarhus (Denmark) as new trading participants. The recognition as Non-Trading Broker was extended to the power derivatives market for Evolution Markets Ltd, London and to the derivatives market for emission allowances for ICAP Energy Limited, London.The membership of Marex Financial Limited (London) was extended to the spot and derivatives market for emission allowances. In addition, Ital Green Energy Srl (Verona) became a new participant in the power derivates market. EEX welcomes six new members for trading in UK Power Futures, including Priogen Holding BV, GFI Securities Limited, DXT Commodities SA, Trailstone GmbH, Trailstone Commodity Trading UK Ltd. and Uniper Global Commodities SE.
