EEX to launch GASPOOL Season Contracts

(PresseBox) ( Leipzig, )
The European Energy Exchange (EEX) is expanding the range of tradable maturities on the Natural Gas Derivatives Market. From 18 June on, the trading participants will also have the possibility to trade in GASPOOL Season Futures. These were initially only offered for derivatives trading with delivery into the NetConnect Germany (NCG) market area. Seasons are contracts comprising the delivery period from October to March (winter season) and the period from April to September (summer season).

The volume traded on the Natural Gas Derivatives Market has increased significantly during the first four months of the year compared with the same period in 2011. From January to April 2012, a volume of 14.3 TWh of natural gas was traded. This corresponds to an increase of 93 percent as against the same period in the previous year (7.4 TWh). The number of trades increased by 89 percent compared with the period from January to April 2011. With the expansion of the GASPOOL Futures with season contracts, EEX is now completing its product range on this market. The development of liquidity on the Derivatives Market is further reinforced by a volumebased incentive programme which is available until the end of September 2012.
The publisher indicated in each case is solely responsible for the press releases above, the event or job offer displayed, and the image and sound material used (see company info when clicking on image/message title or company info right column). As a rule, the publisher is also the author of the press releases and the attached image, sound and information material.
The use of information published here for personal information and editorial processing is generally free of charge. Please clarify any copyright issues with the stated publisher before further use. In the event of publication, please send a specimen copy to service@pressebox.de.