European Energy Exchange (EEX)
GFI to clear electricity trades through EEX
Interdealer broker GFI has entered a deal with the European Energy Exchange (EEX) to clear its over-the-counter electricity trades.
EEX head calls for equal treatment of physical forwards
Hans-Bern Menzel, chairman of Leipzig-based European Energy Exchange (EEX), today called for the equal treatment of physical forward and financial future commodity contracts under the EU Investment Services Directive (ISD).
Both sides of the fence: a statistical and regulatory view of electricity risk
Ernst Eberlein and Gerhard Stahl analyse price series of 25 energy spot rates simultaneously using Lévy models. This model class allows the capture of stochastic behaviour of these financial instruments. The implications of this analysis will form the…
Austrian rail firm on the risk management fast track
Austria’s largest electricity consumer, rail firm Österreichische Bundesbahnen, talks to EPRM about its energy risk management strategy. And, as Paul Lyon discovers, other end-users could learn from the innovative company
Gas hubs jockey for position
Exchanges
US retreat hits European trading
The retreat of US energy firms from energy trading has reportedly hit European volumes hard. But volumes aside, James Ockenden finds that the withdrawal may bring a fundamental change in the market. With additional reporting by Eurof Thomas
The bigger they come…
Germany
Exchanges gradually gain pace
Germany
Exchanging blows
Conflict in the US and growth in Europe marked another turbulent year for energy exchanges. Kevin Foster casts an eye back over 2002
EEX to offer clearing for OTC forwards
Germany’s European Energy Exchange (EEX) plans to become the first power exchange in continental Europe to offer central counterparty clearing services for over-the-counter (OTC) electricity forward transactions.
EEX to launch three-month energy futures
Frankfurt-based European Energy Exchange (EEX) plans to launch three-month, or quarterly-term, electricity futures on December 17. The quarterly-term futures closely mimic existing over-the-counter contracts, and reflect a constant delivery of…