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European Energy Exchange AG Augustusplatz 9 04109 Leipzig, Germany http://www.eex.com/de/
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European Energy Exchange AG

EEX: New Open Interest record on the Phelix Futures market

600 TWh level exceeded for the first time - New volume record

(PresseBox) (Leipzig, )
On the market for Phelix Futures, which is the benchmark product of the European Energy Exchange (EEX) in the European power market, the Open Interest surpassed the level of 600 TWh for the first time ever, amounting to 604,617,282 MWh on 17 September 2013. The Open Interest constitutes the sum of all open positions in future contracts at a given point of time and is considered an indicator for the liquidity and safety of a market. The previous record for Open Interest was established on 28 October 2011 (588,520,775 MWh).

Since the beginning of September, 127.6 TWh have already been
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