EEX introduces additional maturities for natural gas derivatives trading

The European Energy Exchange (EEX) announces the extension of tradable maturities for natural gas derivatives, to be available from 11 December 2023.

The new expiries will complement EEX’s natural gas maturities product line introduced earlier in the year on selected markets, allowing EEX to offer a full suite to enable a wide range of long-term trading and hedging options across key markets.

The extended EEX Natural Gas Futures and Organised Trading Facility (OTF) Futures maturities will include the next 12 months, the next 11 quarters and the next 11 seasons for the hubs TTF, THE, CEGH VTP, PEG, PVB and PSV. Find more details here.

Peter Reitz, Chief Executive Officer of EEX: “We’ve decided to launch the new maturities in response to the continued high trading volumes on our natural gas markets, as well as the growing customer demand. We believe that extended long-term contracts are crucial for adequate risk management considerations, especially in volatile times as the last few years have been. Our new maturities for this sector will support customers at improving hedging options and drive long-term trust.”

EEX Group’s Global Natural Gas markets registered 5,344 TWh traded in the first nine months of 2023, which is 11% higher than the same period in 2022. European natural gas derivatives trading was at 2,339 TWh, while European spot trading amounted to 2,340 TWh in this period.