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Press Information
RWE extends EEX Market Making agreement to
Spanish, French and Italian Power
Leipzig, 28/03/2017
The European Energy Exchange (EEX) has welcomed RWE Supply & Trading GmbH as a
market maker for the Spanish, French and Italian Power Futures Markets. Under the new
agreement RWE Supply & Trading will promote liquidity in these markets by providing
bidoffer spreads for Baseload Month, Quarter and Year contracts in the order book.
“In 2016, we made significant progress in these markets and the further support from RWE
will help us to grow the liquidity, in particular in the emerging Spanish market. We very much
appreciate RWE as a partner in further developing our offering for the European power
markets”, comments Steffen Köhler, EEX Chief Operating Officer.
“Our company has a long history of effectively supporting market transparency and liquid
markets. As one of the leading trading firms engaged in fuel commodity trading we see great
benefits in a broad market space and a wide variety of participating market players”, says
Peter Krembel, Chief Commercial Officer of RWE Supply & Trading. “As part of the RWE
Group, we seek to maintain and support market developments in the established European
commodity markets, as well as expanding our involvement in market areas with unique
development potential such as the Asian Pacific market region. As such, our support for
French, Italian and Spanish power futures is regarded as logical consequence, meeting our
ambitions in competitive markets.”
EEX’s offering for the Spanish, French and Italian market comprises exchange trading and
Trade Registration Services for the whole derivatives curve, from daily up to yearly maturities.
In addition, the exchange offers location spread trading between Spain and France as well as
Italy and France. Furthermore, EEX trading participants can trade options on the Baseload
Futures (Month, Quarter, Year) for the three market areas.
<strong>The European Energy Exchange (EEX)</strong> is the leading energy exchange in
Europe. It develops, operates and connects secure, liquid and transparent markets for energy
and commodity products. At EEX, contracts on Power, Coal and Emission Allowances as well
as Freight and Agricultural Products are traded or registered for clearing. Alongside EEX,
EPEX SPOT, Powernext, Cleartrade Exchange (CLTX), Gaspoint Nordic and Power
Exchange Central Europe (PXE) are also part of EEX Group. Clearing and settlement of
trading transactions are provided by the clearing house European Commodity Clearing
(ECC). More information: <a href="http://www.eex.com" target="_blank">www.eex.com</a>
<strong>RWE Supply & Trading</strong> is a leading European energy trading house. The
company is responsible for the economic optimisation of power generation and the entire
non-regulated gas business of RWE. Its 1,100 employees are active players on the global
wholesale markets for energy and energy-related raw materials in both their physical and
derivative forms. Their portfolio also includes emission certificates, freight, weather
derivatives, and biomass. Large industrial companies and trading partners are offered
long-term delivery concepts by RWE Supply & Trading next to trading-based portfolio and
RWE AG | Corporate Communications | Opernplatz 1 | 45128 Essen | P.O. box 10 30 61 | 45030
Essen
T +49 201 12-15120 or -15095 | F +49 201 12-15252 or -15094 | E [email protected]
Follow us on Twitter: @RWE_Group
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RWE AG | Corporate Communications | Opernplatz 1 | 45128 Essen | P.O. box 10 30 61 | 45030
Essen
T +49 201 12-15120 or -15095 | F +49 201 12-15252 or -15094 | E [email protected]
Follow us on Twitter: @RWE_Group