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689,877 MWh in Bulgarian, Serbian, Slovenian power futures traded in Q3

October 14, 2019 | Comments: 0Author:

Photo: Csaba Nagy/Pixabay
689,877 MWh in Bulgarian, Serbian, Slovenian power futures traded in Q3

European Energy Exchange AG (EEX) registered 46.4 TWh in Eastern European power futures trading in the third quarter of 2019. The Bulgarian, Serbian and Slovenian contracts contributed 689,877 MWh to the volume, EEX said.

On the EEX power derivatives market, futures for Eastern Europe continue their steady growth. In June this year, EEX extended its product range to financially settled futures for Bulgaria, Serbia, and Slovenia.

EEX launched Slovenian, Bulgarian, and Serbian power futures on June 3 and the first trades in Slovenian and Bulgarian futures were registered on June 14, followed by the first trade in Serbian power futures a few days later.

EEX launched Slovenian, Bulgarian, and Serbian power futures on June 3

These products complement the previous offering which include the Czech Republic, Hungary, Poland, Slovakia, and Romania and which have been migrated in cooperation with Power Exchange Central Europe (PXE).

EEX Group provides market platforms for energy and commodity products across the globe and provides access to a network of more than 600 trading participants. The group offers trading in energy, environmental products, freight, metal, and agriculturals as well as subsequent clearing and registry services.

EEX Group consists of the trading venues European Energy Exchange (EEX), EPEX SPOT, Powernext (which operates the PEGAS platform), EEX Asia, Power Exchange Central Europe (PXE) and Nodal Exchange as well as the registry provider Grexel Systems and the clearing houses European Commodity Clearing (ECC) and Nodal Clear. EEX is a member of Deutsche Börse Group.

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