EEX expands its position as No.1 Trading Venue for Japanese Power Futures
EEX has firmly established itself as the leading venue for Japan Power Futures trading, holding a 88% exchange market share between January and June 2021. The beginning of the year was characterized by high volatility which led to a trading volume of more than 1TWh in a single month (January 2021).
Steffen Köhler, EEX COO says: “I’m incredibly proud of what we have achieved in the first six months of 2021. Having launched just over a year ago, the EEX has cemented itself as the goto venue for Japanese Power Derivatives, both domestically in Japan and internationally around the world. Throughout 2021, we have seen a marked increase in the number of players being active in this market and we expect the number of players to double by the end of the year. We’re very thankful for the trust being placed in EEX in the past months and are committed to further developing liquidity in this emerging market, working closely with our customers.”
Following the significant increase in liquidity in the Japanese Power Futures, EEX introduced a settlement window for these products on 21 June 2021. This settlement window ensures that the settlement prices reflect the market conditions towards the end of a trading day accurately, further increasing price transparency and liquidity on this new market.
For the full overview of EEX Group’s volumes in the first half of 2021, please click here.
The European Energy Exchange (EEX) is the leading energy exchange which develops, operates and connects secure, liquid and transparent markets for energy and commodity products around the globe. As part of EEX Group, a group of companies serving international commodity markets, it offers contracts on Power, Natural Gas and Emission Allowances as well as Freight and Agricultural Products. EEX also provides registry services as well as auctions for Guarantees of Origin, on behalf of the French State. More information: www.eex.com
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