The European Energy Exchange (EEX) welcomes EDF Trading Limited, London, as a new Market Maker on the Spanish Power Derivatives Market. As of April, EDF Trading Limited will place bids and offers in the order book, thus support- ing liquidity in exchange trading with Spanish Power Futures at EEX.
“We are very pleased with this support from EDF Trading Limited – especially given that our order book exchange trading for Spanish Power Futures only started in Febru- ary”, says Steffen Köhler, Chief Operating Officer of EEX. “This will strengthen our po- sition in this new market.”
Additionally, EDF Trading Limited, an exchange member of EEX since its inception, al- so supports the French Power Futures, as well as the German/Austrian (“Phelix Fu- tures”) and Italian Power Futures as a Market Maker.
Exchange trading for Spanish Power was launched in mid-February 2015, following the Trade Registration offer for this market. Since the beginning of this year, a total volume of 1,794,372 MWh was registered. Approximately 30 trading participants have been in- volved in trading Spanish Power Futures so far.
The European Energy Exchange (EEX) is the leading energy exchange in Europe. It develops, operates and connects secure, liquid and transparent markets for energy and commodity products. Contracts on power, coal and CO2 emission allowances as well as freight and agricultural products are traded or registered for clearing on EEX. EPEX SPOT, Powernext, Cleartrade Exchange (CLTX) and Gaspoint Nordic are also members of EEX Group. Clearing and settlement of all trading transactions are provid- ed by the clearing house European Commodity Clearing (ECC).