The European Energy Exchange (EEX) has published the 2017 auction calendar for EU Aviation Allowances (EUAA), in consultation with the EU Commission and the Member States taking part, as well as the competent German and Polish authorities.
EEX will carry out the auctions comprising a total volume of 4,005,000 EUAA from 27 September to 6 December.
In the framework of the joint CAP2 auction platform, EEX will carry out three EUAA auctions on behalf of 25 Member States. The first of these will take place on 27th September and comprise an auction volume of 1,078,000 EUAA. The remaining auctions will be held on 25th October (1,078,000 EUAA) and 22nd November (1,078,500 EUAA).
On 8 November, EEX will carry out the EU Aviation Allowances auction with a volume of 675,500 EUAA on behalf of the Federal Republic of Germany.
The EUAA auction of the Polish shares is scheduled to take place on 6th December with a volume of 95,000 EUAA.
In deviation from the EUA auctions, a bidding window will be opened for all EUAA auctions on EEX between 13:00 and 15:00 (CET) on the respective dates.
$2bn tech-focused hedge fund SoMa Equity Partners to shutter
San Francisco-based hedge fund SoMa Equity Partners is winding down after returning capital to investors, bringing the curtain down on a…
More
Arcana hires former Goldman Sachs exec to Lead EMEA expansion
Portfolio intelligence provider Arcana has appointed former Goldman Sachs executive Rhys Williams as head of EMEA, as the technology firm…
More
ExodusPoint adds Pictet trader to London equities team
Multi-strategy hedge fund major ExodusPoint Capital Management has strengthened its London equities operation with the appointment of Jade…
More