EEX Gas Trading: Record Volumes in July

Volumes of June doubled - already more than 50 participants admitted to natural gas trading on the exchange

(PresseBox) ( Leipzig, )
Natural gas trading on European Energy Exchange AG (EEX) has reached a new record level in July. The trading volume on the Spot and Derivatives Market (BEB and E.ON GT market areas) has doubled to 3,954,989 MWh compared with the preceding month (1,734,760 MWh) and, hence, reached a new peak. The highest volume for one day on the Spot Market amounted to 7,680 MWh (15 July 2008) and the highest volume for one day on the Derivatives Market amounted to 723,150 MWh (22 July 2008).

By now, 52 trading participants have been admitted to trading on the natural gas mar-ket of EEX and further companies are in the process of licensing. "This positive dynamic development with regard to both the trading volumes and the trading participants shows that EEX is on the right track. It shows that the measures we have taken to develop natural gas trading on the exchange are bearing fruit", Oliver Maibaum, Senior Vice President Customer Relations at EEX, emphasizes.
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