Exchange Market
Product Specifications
A 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 |
