Eurex to offer EEX power derivatives contracts

Phelix power derivatives contracts offered on the European Energy Exchange (EEX) will be accessible to participants on derivatives exchange Eurex from November 25.

Eurex customers will now be able to trade and clear EEX Phelix Baseload Futures and Options, and Phelix Peakload Futures.

"We are offering our core product – Phelix Futures – to a global network of new participants for trading and clearing in one big step," says Hans-Bernd Menzel, chief executive of EEX.

The high level of liquidity of