In July 2018, the European Energy Exchange (EEX) increased volumes on its power derivatives markets by 46 per cent to 213.8 TWh (July 2017: 146,2 TWh).
On the Spanish power market, volumes exceeded the mark of 10 TWh for the first time, doubling last year’s volume (10.6 TWh, July 2017: 4.3 TWh). Furthermore, the markets for France (18.2 TWh, +18 per cent) and Italy (37.3 TWh, +70 per cent), in particular, developed positively.
In Phelix-DE Futures, trading volumes amounted to 128.7 TWh which is clearly above the total July volume in 2017 in the products for the German market (Phelix-DE and Phelix-DE/AT in July 2017: 98.1 TWh).
The July volume comprised 116.0 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 more than doubled to 249.3 million tonnes of CO2 in July (July 2017: 105.8 million tonnes of CO2). On the EUA secondary market (including options), volumes increased sevenfold to 164.7 million tonnes of CO2 (July 2017: 22.8 million tonnes of CO2). Primary market auctions contributed 84.5 million tonnes of CO2 to the total volume.
Throughout July, trading volumes in agricultural products increased by 76 per cent to 12,550 contracts (July 2017: 7,148 contracts). In processing potatoes, volumes exceeded the mark of 10,000 contracts for the first time (10,294 contracts, equal to 257,350 tonnes) was traded. In the dairy segment, the volume reached 2,256 contracts (equal to 11,280 tonnes).
In freight futures which are available for trade registration, EEX volumes amounted to 1,115 contracts (July 2017: 3,005 contracts).
In July, EEX admitted Cenergise Limited, Dublin, KEN, Heraklion (Greece), Nordic Power Trading France A/S, Kolding (Denmark) and Polenergia Obrót, Warsaw as new trading participants. The membership of Société Générale, Paris was extended to the markets for freight and agricultural products. Furthermore, Trailstone, Berlin extended its admission to the derivatives market for emissions allowances.
