Exchange Market
Product Specifications
An Gas Exchange membership enables the trader to trade on the Spot Market (Within Day, Day Ahead and Weekend contracts) and Futures Market of EEX Gas Exchange platform.
- Trade on 24/7 basis without interruption
- Continuous trading
- Rest of day product with a lead time of 3 hours based on the next full hour to 6 a.m. (d or d+1)
- Minimum contract size of 1 MWh/h or multiple
- All concluded deals are nominated by ECC on your behalf
- Tradable on a 24/7 basis without interruption
- Continuous trading
- Each Hourly Spot Contract will be introduced into trading in such way that it is tradable for at least 24 hours.
- Trading in Hourly Spot Contracts begins at maximum 27 hours and ends three (3) hours (lead time) prior to the beginning of their respective delivery period.
- Minimum contract size of 1 MWh/h or multiple
- All concluded deals are nominated by ECC on your behalf.
- Day Ahead, Weekend, Holiday and Individual days such as Saturday and Sunday contracts are tradable on 24/7 basis
- Trading of the respective delivery period is offered one day before (d+1). Trading of the weekend contract, delivery gas day Saturday and Sunday, is offered on Thursday and Friday.
- Minimum contract size is 1 MWh/h or multiple, all contracts will be delivered as a base load product.
Overview
Within-Day Market (Only AT) | Day Ahead Market (AT and CZ) | Futures Market (AT and CZ) | |
Gas product | Base load | Base load | Base load |
Delivery point | AT: CEGH VTP Austria | AT: CEGH VTP Austria | AT: CEGH VTP Austria |
CZ: Czech VTP | CZ: Czech VTP | ||
Settlement | Hourly: Next single 27 single hours with a lead time of 3 hours based on the next full hour to 6:00 a.m. (d or d+1); | Physical delivery from 06:00 am (d+1) to 06:00 am (d+2) | Physical delivery from 06:00 am (d+1) to 06:00 am (d+2) |
Within Day: Rest of day with a lead time of 3 hours based on the next full hour to 6:00 a.m. (d or d+1) | |||
Trading hours | AT: 24/7 | AT: 24/7 | AT/CZ: From 08:00 a.m. to 06:00 p.m. |
CZ: From 08:00 a.m to 06:00 p.m | |||
Price units | EUR/MWh | EUR/MWh | EUR/MWh |
3 decimal digits | 3 decimal digits | 3 decimal digits | |
Price change | 0.025 EUR/MWh (min.) | 0.025 EUR/MWh (min.) | 0.025 EUR/MWh (min.) |
for orders in the order book | |||
Trade size | 1 MW (min.) | 1 MW (min.) | 1 MW (min.) |
Single sided nomination | Done by ECC | Done by ECC | Done by ECC |