On 3 June 2019, the European Energy Exchange (EEX) will expand its product range on the derivatives market with new power futures, freight futures and options as well as further maturities in emissions options. Clearing and settlement of the new products and maturities will be carried out by European Commodity Clearing (ECC).
The listing of the new power futures extends the pan-European offering of EEX to the emerging power markets in Central and South Eastern Europe, thereby extending its range to 20 market areas throughout Europe. The product offering will include cash-settled power futures for Slovenia covering base and peak load products with weekly, monthly, quarterly and yearly expiries. Furthermore, cash-settled Bulgarian and Serbian base load products with the same expiries will be launched.
The new Bulgarian power futures will be available in the EEX trading system after 3rd of June and include:
FKB1-FKB5 PXE Bulgarian Power Base Week Future
FKBM PXE Bulgarian Power Base Month Future
FKBQ PXE Bulgarian Power Base Quarter Future
FKBY PXE Bulgarian Power Base Year Future
Sources: European Energy Exchange (EEX), Independent Bulgarian Energy Exchange