The European Energy Exchange (EEX) increased volumes on its power derivatives markets by 30 per cent in October to 339.3 TWh (October 2017: 261,3 TWh). In particular a four-fold increase in Phelix-DE Futures to 204.4 TWh as well as power futures for Italy (60.9 TWh, +42 per cent) and Spain (9.1 TWh, +32 per cent) contributed to this development.
EEX recorded a positive trend also in the smaller markets: In power futures for Great Britain, at 125,070 MWh, EEX recorded the highest trading volume since the launch of these products. In the Dutch markets, volumes increased by 18 per cent to 2.1 TWh (October 2017: 1.8 TWh).
The October volume comprised 185.0 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 increased by 70 per cent to 241.5 million tonnes of CO2 in October (October 2017: 142.3 million tonnes of CO2). In particular, this increase is driven by the EUA Options with 89.6 million tonnes of CO2 traded in October. Primary market auctions contributed 87.6 million tonnes of CO2 to the total volume.
Throughout October, trading volumes in agricultural products amounted to 3,888 contracts (October 2017: 5,842 contracts). In the dairy segment, the volume reached 2,214 contracts (equal to 11,070 tonnes). In processing potatoes, volumes amounted to 1,674 contracts (equal to 41,850 tonnes).
In freight futures which are available for trade registration, EEX volumes increased by 166 per cent to 6,615 contracts (October 2017: 2,485 contracts).
In October, EEX admitted AYEN Energija doo (Ljubljana), JP Morgan AG (Frankfurt) as well as UBS AG (Zurich) as new trading participants. Furthermore, Braemar Atlantic Securities Limited (London) was recognised as new Non-Trading Broker. CEZ, as (Prague) and EDF Trading Limited (London) were additionally admitted to trading UK Power Futures. The membership of Five Rings Capital LLP (London) was extended to the emissions secondary market.
