GERMANY: EEX Announces Launch of Natural Gas Index

Friday May 12 2023

The European Energy Exchange (EEX) announced the launch of EGSI Natural Gas Index for NBP, several new power and natural gas products and the extension of expiries for selected power, gas and freight derivatives markets. 

All products will be available as of 26^th June 2023. With the return of confidence on power derivatives markets and continued high trading volumes on natural gas markets, the new launches bring wider trading options across EEX key markets to meet broadening customer demand. 

The new power products comprise Croatian Power Futures, Swiss Power Futures for peak hours, and short-term maturities for the Japanese power markets. In addition to that, monthly maturities for French and Japanese Power Futures will be extended. 

The calculation of EGSI benchmarks is based on thousands of trades executed on the EEX Natural Gas spot markets. It is a volume weighted average price based on all transactions of the day (8.00 am to 6.00 pm CET). Due to the large liquidity of the EEX spot markets, combined with the robust methodology used, EGSI has become the most transparent and trustworthy natural gas index in Europe. Subsequently, EEX will launch financially settled (EGSI) Natural Gas Futures also for NBP, offering the full range of maturities (from daily up to yearly contracts) with the trusted EGSI benchmark as underlying. 

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