eex group price list · eex group price list 18. february 2019 leipzig ref. 00033 this document is...

EEX Group price list

18. February 2019 Leipzig

Ref. 00033

This document is for information purposes only and is not

legally binding. Legally binding only is the respective price

list as it is made available in its respective valid version by

the group company concerned.

Table of Contents

1. The Entities of EEX-Group 4

2. Variable Fees 5

2.1. Power Spot 5

2.2. European Power Derivatives 7

2.3. US Power Derivatives 8

2.4. European Natural Gas Spot 10

2.5. European Natural Gas Derivatives 11

2.6. US Natural Gas Derivatives 11

2.7. Environmental Markets 12

2.8. Global commodities 13

2.9. Pulp 15

2.10. Agricultural Commodities 15

2.11. Delivery of electricity or natural gas for end consumption in Austria 15

2.12. Auctions for end customers in the Czech Republic 16

2.13. Registries 16

3. Membership Fees 17

3.1. Power Spot 17

3.2. Natural Gas 18

3.3. Power Derivatives, Environmental, Agricultural and Global Markets 19

3.4. Auctions for end customers in the Czech Republic 20

3.5. Registries 20

EEX Group price list Release 00033 Internal, © EEX AG – part of eex group

3.6. Clearing 20

4. Technical Fees 21

4.1. Frontend Fees 21

4.2. Physical connection and other technical Fees 24

5. Trainings and Events 28

6. Info-Products (available only until 31 December 2018) 31

7. EEX Group DataSource 33

7.1. Access via API 33

7.2. Access via Desktop App 33

7.3. Access via Excel Tool 34

7.4. Access via sFTP Server 34

8. Compliance Services 36

9. Mistrade Fees and Cancellation Fees 39

10. Fee for excessive use of trading systems 41

11. Clearing related Services 43

12. Trading Limit Service 46

13. Market Support Agreements at EEX 47


1. The Entities of EEX-Group

Brand Group Company Abbreviation

European Energy Exchange AG EEX

European Commodity Clearing AG ECC

European Commodity Clearing Luxembourg S.à.r.l. ECC Lux

EPEX SPOT SE EPEX SPOT

Powernext SA PWX

PEGAS CEGH Gas Exchange Services GmbH CEGH

Power Exchange Central Europe, a. s. PXE

The Cleartrade Exchange Pte Ltd CLTX

Nodal Exchange, LLC Nodal

Nodal Clear, LLC Nodal


2. Variable Fees

Electricity tax, grid usage fees and other taxes and levies are not included in variable fees.

2.1. Power Spot

Volume basis is the gross position, except for UK auctions whose trading fees are charged on net volumes per instrument

in each auction market.

Orders for physical fulfillment of futures positions

Market Fee

(per MWh)

Germany, Austria, France € 0.00

Switzerland% € 0.02

Netherlands, Belgium% € 0.03

% Fee holiday until 31 March 2019

Day-Ahead Market (DAM)

Market

Orderbook Trading /

Trade Registration1

(per MWh)

Clearing

(per MWh)

Germany, Austria, Switzerland 60 min € 0.04 € 0.015

France, Netherlands, Belgium (including strategic reserve) 60 min € 0.07 € 0.015

GB 60min DAM Auction and GB 30 min. DAM Auction2 £ 0.015 £ 0.005

Fee for handling transactions on the PXE/OTE common Czech Day-Ahead market concluded through the PXE trading system

€ 0.00 € 0.0053

1 Trade Registration is only possible for Germany 2 GB DAM Auctions Trading Fees are only charged on net volume per instrument in each auction market. Volumes are

not netted across GB DAM Auctions 3 Fee for financial settlement of PXE spot market transactions


Intraday Market

Market

Orderbook

Trading

(per MWh)

Trade

Registration

(per MWh)

Clearing

(per MWh)

Germany Intraday 15-min. Auction1 € 0.07 € 0.035

Germany, Austria, Switzerland, France, Netherlands, Belgium € 0.09 € 0.10 € 0.035

GB 30min IDM Auction (17:30 GMT/BST, D-1), standard fee £ 0.03 £ 0.005

GB 30min IDM Auction (17:30 GMT/BST, D-1), arbitrage fee2 £ 0.015 £ 0.005

GB 30min IDM Auction (08:00 GMT/BST, D) £ 0.03 £ 0.005

GB ≤ 2hrs Continuous Orders or ≥ 4 hrs Continuous Orders matched after 18:00 on D-1 £ 0.0475 £ 0.005

GB ≥ 4hrs Continuous Orders matched before 18:00 on D-1 £ 0.0125 £ 0.005

Trade Registration in the UK £ 0.0125 £ 0.005

1 Total amounts due for 15-min contracts correspond to prices multiplied by quantities and divided by four to take into

account that only ¼ of MWh are traded. 2 Fee applying to volumes netted across the GB 30min DAM Auction and the GB IDM Auction (17:30 GMT/BST, D -1)

Capacity Market

Market

Orderbook Trading /

Trade Registration

(per guarantee)

Clearing

(per guarantee)

France € 3 € 1

Non-group clearing services

Market Clearing

(per MWh)

HUPX Hungarian Day Ahead € 0.015

HUPX Hungarian Intraday € 0.035

SEEPEX Serbian Day Ahead € 0.020

Irish and Northern Irish Day-ahead and Intraday € 0.007

(£ 0.006)


2.2. European Power Derivatives

European Power Futures (including respective OTF and regulated Markets)

Market

Orderbook Trading/

Trade Registration

(per MWh)

Clearing

(per MWh)

Week/Month/Quarter/Year Futures € 0.0075 € 0.005

Day and Weekend Futures € 0.015 € 0.01

Exceptions:

Phelix and Spanish (Day and Weekend Futures) € 0.0075 € 0.005

PXE Czech Republic, PXE Slovakia (Week / Month / Quarter / Year Futures) € 0.015 € 0.01

PXE Hungary, PXE Poland, PXE Romania (Week / Month / Quarter / Year

Futures) € 0.015 € 0.005

PXE Czech, PXE Hungarian (Day and Weekend Futures) € 0.03 € 0.01

Nordic Power Futures (Week / Month / Quarter / Year Futures) € 0.0025 € 0.005

UK Power Futures (Day / Weekend / Week / Month / Quarter / Year Futures) £ 0.00375 £ 0.00225

German Cap and Floor Futures € 0.002 € 0.001

Wind Power Futures € 0.0075 per hour € 0.005 per hour

Delivery of electricity upon expiry is € 0.025 /MWh for Slovakian physical power futures , for all other markets it is 0.01€

/MWh. Delivery of an OTF contracts is 0.03€/MWh, while only the trading participant who has requested physical delivery

will be charged.

Options on European Power Futures

Option premium Orderbook Trading / Trade Registration%

(per MWh)

Clearing

(per MWh)

Premium € 0.15 /MWh € 0.0025 € 0.0025

Premium < € 0.15 /MWh € 0.00125 € 0.00125

Delivery of futures upon exercising of an option is € 0.00 /MWh

% Delta hedge discount: An exchange trade entailing a delta hedge in a power option, i.e. a power option and its future

base in the same exchange transaction, the transaction fee for the future base will be reimbursed provided that (i) the option and delta trade are concluded at EEX on the same trading day and (ii) the trade ID of the future base is indicated when concluding the option.


Market Clearing

(per MWh)

Hungary (HUDEX) € 0.005

Delivery of futures upon expiry of Hungarian Physical Power (HUDEX) € 0.01


2.3. US Power Derivatives

The Lot size is defined as 1 MW of a contract expiry (peak or off-peak) for one month. All per MWh pricing is shown rounded

to the nearest fourth decimal place. For Eastern RTOs (PJM, ISO-NE, MISO, and NYISO) and ERCOT, the average peak

hours per month are 340 and the average off-peak hours per month are 390. For WEST, the average peak hours per month

are 410 and the average off-peak hours are 320. For 2X16 contracts, average hours per month are 147, and for 7X8 contracts,

average hours per month are 243.

US Power Derivatives

Market

Orderbook Trading / Trade Registration

per Lot ($ / MWh equivalent)

Clearing Registration* per Lot

($ / MWh equivalent)

Clearing Settlement* per Lot


PJM Western Hub Real Time Monthly Peak

$ 0.85 (0.0025)

$ 0.85 (0.0025)

$ 0.85 (0.0025)

PJM Western Hub Real Time Monthly Off Peak

$ 0.97 (0.0025)

$ 0.93 (0.0024)

$ 0.93 (0.0024)

PJM Western Hub Day Ahead Monthly Peak

$ 1.70 (0.0050)

$ 0.85 (0.0025)

$ 0.85 (0.0025)

PJM Western Hub Day Ahead Monthly Off Peak

$ 1.95 (0.0050)

$ 0.93 (0.0024)

$ 0.93 (0.0024)

All Other Eastern RTO & ERCOT Monthly Peak

$ 2.55 (0.0075)

$ 0.85 (0.0025)

$ 0.85 (0.0025)

All Other Eastern RTO & ERCOT Monthly Off Peak

$ 2.92 (0.0075)

$ 0.93 (0.0024)

$ 0.93 (0.0024)

WEST Monthly Peak

$ 3.07 (0.0075)

$ 1.02 (0.0025)

$ 1.02 (0.0025)

WEST Monthly Off Peak

$ 2.40 (0.0075)

$ 0.76 (0.0024)

$ 0.76 (0.0024)

PJM Western Hub Real Time Off Peak 2x16

$ 0.37 (0.0025)

$ 0.35 (0.0024)

$ 0.35 (0.0024)

PJM Western Hub Real Time Off Peak 7x8

$ 0.61 (0.0025)

$ 0.58 (0.0024)

$ 0.58 (0.0024)

PJM Western Hub Day Ahead Off Peak 2x16

$ 0.73 (0.0050)

$ 0.35 (0.0024)

$ 0.35 (0.0024)

PJM Western Hub Day Ahead Off Peak 7x8

$ 1.22 (0.0050)

$ 0.58 (0.0024)

$ 0.58 (0.0024)

All Other Monthly Off Peak 2x16

$ 1.10 (0.0075)

$ 0.35 (0.0024)

$ 0.35 (0.0024)

All Other Monthly Off Peak 7x8

$ 1.82 (0.0075)

$ 0.58 (0.0024)

$ 0.58 (0.0024)

* Nodal Clear charges the registration fee for all trades and the cash settlement fee for positions held through expiration.


US Peak Power Options

Market


per Lot ($ / MWh equivalent)

Clearing Registration per Lot


PJM WESTERN HUB Monthly Real Time On

$ 0.85 (0.0025)

$ 0.85 (0.0025)

PJM WESTERN HUB Monthly Real Time Off

$ 1.95 (0.0050)

$ 0.98 (0.0025)

MISO INDIANA.HUB Monthly Real Time On

$ 1.70 (0.0050)

$ 0.85 (0.0025)

ERCOT HB_NORTH Monthly Real Time On

$ 1.70 (0.0050)

$ 0.85 (0.0025)

NYISO WEST Monthly Day Ahead On

$ 1.70 (0.0050)

$ 0.85 (0.0025)

NYISO HUD VL Monthly Day Ahead On

$ 1.70 (0.0050)

$ 0.85 (0.0025)

ISONE .H.INTERNAL_HUB Monthly Day Ahead On

$ 1.70 (0.0050)

$ 0.85 (0.0025)

NWPP MID-COLUMBIA Monthly Day Ahead On

$ 2.05 (0.0050)

$ 1.03 (0.0025)

CAISO TH_SP15_GEN-APND Monthly Day Ahead On

$ 2.05 (0.0050)

$ 1.03 (0.0025)

PJM WESTERN HUB Calendar Year Real Time On

$ 2.04 (0.0050)

$ 10.20 (0.0025)

PJM WESTERN HUB Calendar Year Real Time Off

$ 23.40 (0.0050)

$ 11.70 (0.0025)

NYISO WEST Calendar Year Day Ahead On

$ 20.40 (0.0050)

$ 10.20 (0.0025)

% Exercise / Assignment of Options is free of charge


2.4. European Natural Gas Spot

Natural Gas Spot

Market Orderbook Trading (per MWh) Clearing

(per MWh)

TTF € 0.005 € 0.01

PEG Nord, TRS, ZTP, ZTP L € 0.01 € 0.01

NCG, GASPOOL Within-Day € 0.015 € 0.01

NCG and GASPOOL with other maturities € 0.005 € 0.01

Locational and hourly products* € 0.03 € 0.01

NBP, ZEE GBp/Therm 0.0015 GBp/Therm 0.0025

ETF (Denmark) € 0.02 € 0.01

CEGH VTP hourly (Austria) € 0.01 € 0.01

CEGH VTP other maturities (Austria) € 0.005 € 0.01

CEGH Czech € 0.005 € 0.01

* Locational: GRTgaz: PEG Nord, TRS; GASPOOL: Ontras H, GuD H, Gascade H, GuD L, GTG Nord L, Nowega L;

NCG: H North, H Mid, H South, L East, L West

Hourly: TTF, GASPOOL L, NCG L, NCG L Elten, NCG L Vreden

For spreads, only the trading fee on the first underlying contract is applicable. The clearing fee for spreads will only be charged for the leg with the higher clearing fee. For a transaction on an Implied Order, only the fee of the underlying Contract of the Implied Order executed on screen is applicable.


2.5. European Natural Gas Derivatives

European Natural Gas Futures (including respective OTF and regulated Markets)

Market

Orderbook Trading /

Trade Registration

(per MWh)

Clearing

(per MWh)

TTF € 0.002 € 0.0025

PEG Nord, TRS, ZTP, CEGH Czech, ETF (Denmark) € 0.005 € 0.0025

NCG, GASPOOL, PSV, PSV Fin € 0.0025 € 0.0025

NBP, ZEE GBp/Therm 0.0007 GBp/Therm 0.0006

CEGH VTP (Austria) € 0.003 € 0.0025

Delivery of natural gas upon expiry of futures is 0.002 € per MWh for TTF, GBp 0.0002 per Therm for NBP and ZEE and

0.01€ per MWh for all other markets. When determining the respective delivery fee of a trading pa rticipant, its opposite

positions (long/short) in the regulated market and OTF products for the same market area and maturity will be netted.

In case of a Transaction on a Spread between Contracts, only the trading fee on the first underlying Contract is applicable.

In case of a Transaction on an Implied Order, only the Trading fee of the underlying Contract of the Implied Order executed

on screen is applicable.

2.6. US Natural Gas Derivatives

US Natural Gas Derivatives

Market


per Lot of 2,500 MMBtu ($ / MMBtu equivalent)

Clearing Registration per Lot of 2,500 MMBtu ($ / MMBtu equivalent)

Clearing Settlement per Lot of 2,500 MMBtu ($ / MMBtu equivalent)

Henry Hub (monthly) $ 0.30

(0.00012) $ 0.10

(0.00004) $ 0.10

(0.00004)


2.7. Environmental Markets

Emission Rights

Market

Orderbook

Trading

(per ktCO2)

Trade

Registration

(per ktCO2)

Clearing

(per ktCO2)

EUA, EUAA, CER – Spot Secondary Trading1 € 3.00 € 3.00 € 0.50

EUA, EUAA – Primary Auction (buyers only) (Germany) € 2.50 € 1.00

EUA, EUAA – Primary Auction (buyers only) (Poland) € 2.00 € 1.00

EUA, EUAA – Primary Auction (buyers only) of the EU Common Auction Platform (CAP2)

€ 2.94 € 0.56

Futures on Emission Rights 1,2,3,4 € 2.50 € 2.50 € 0.50

Options on Futures on Emission Rights with an Option premium of € 0.15 per tCO2 or more4,5,6

€ 2.00 € 2.00 € 0.50

Options on Futures on Emission Rights with an Option premium of less than € 0.15 per tCO2

4,5,6 € 1.00 € 1.00 € 0.25

1 Only one leg of a Spot/Future Spread will be charged with trading and clearing fees. 2 Starting with a Participant’s trading volume in Spot market products (Emission Rights in Secondary Trading) and Futures

on Emission Rights of 5,000 ktCO2 in one calendar month, until February 28 th, 2018 the transaction fees for the entire trading volume at the Spot market (Emission Rights in Secondary Trading) and at the De rivatives Market (Futures on Emission Rights) of this Participant will be € 1.00 per ktCO2 for this calendar month.

3 Transactions fees will be waived for transactions in futures up to the volume that matches the volume of the spot activity (secondary and primary) of that trading participant of the same day. Trading participants interested in participating in that scheme have to sign-up under [email protected] with reference to “spot credit”.

4 Transaction fees will be waived for new or newly active trading participants (trading participants that traded less than 50 ktCO2 in Q4 2017 in the futures order book). Trading participants interested in participating in that scheme have to sign -up under [email protected] with reference to “newly active”. The rebate will be granted for a period of 24 months as of the month of sign-up.

5 Delta-Hedge-Discount: A Transaction entailing a delta hedge in an option on Futures on Emission Rights, i.e. an option on a Futures on Emission Rights and its future base in the same Transaction, the transaction fee for the future base will be reimbursed provided that (i) the option and delta trade are concluded at EEX on the same trading day and (ii) the trade ID of the future base is indicated when concluding the option. The discount is only available when establishing an initial future position.

6 Delivery of futures upon exercising of an option is free of charge

mailto:[email protected]



2.8. Global commodities

2.8.1. Fuel Oil

Product Volume

(mt per month)

Orderbook Trading /

Trade Registration

(per t)

Fuel Oil

0-100,000 $ 0.25

100,001-250,000 $ 0.15

>250,000 $ 0.05

2.8.2. Ores, Metals and Alloys

Ores, Metals and Alloys at EEX

Product Trade Registration (per t) Clearing (per t)

Futures on iron ore $ 0.006 $ 0.014

Options on futures on iron ore $ 0.006 $ 0.014

Ores, Metals and Alloys at CLTX

Product Volume

(mt per month)

Orderbook Trading /

Trade Registration

(per t)

Iron Ore

0-100,000 $ 0.03

100,001-250,000 $ 0.02

>250,000 $ 0.015

2.8.3. Wood Pellets

Product Trade Registration

per t

Clearing

per t

Cash settlement upon

expiry

per t

Futures on wood pellets $ 0.04 $ 0.06 $ 0.10


2.8.4. Freight

Freight at EEX

Product Trade Registration Clearing

Futures on dry bulk “time charter” or “trip time charter” freight

$ 3.6 per d1 $ 1.4 per d

Futures on dry bulk “voyage routes” freight $ 3.6 per lot of 1.000t1 $ 1.4 per lot of 1.000t

Options on futures on freight $ 3.6 per d1 $ 1.4 per d

1 As of 6 September 2018 and upon sign-up and confirmation, Transaction fees for Trading participants, that:

have not been admitted to trading at EEX prior to August 2018 but get admitted to trading at EEX and trade in

Freight Futures at EEX after August 2018;

have been admitted to trading at EEX but that never traded Freight Futures at EEX in the period from February

2018 until July 2018; or

traded less than 400 lots (cumulative) in Freight Futures at EEX in the period from February 2018 until July 2018

will be reduced by $ 3.00 per d or $ 0.0030 per t, respectively. Trading participants interested in participating in that

scheme have to sign-up under [email protected] with reference to “newly active”. The rebate will be granted for a

period of three months as of the month of sign-up.

Freight at CLTX

Product Volume

(lots per Month)

Orderbook Trading / Trade

Registration

(% of notional value)

Forward Freight Agreement (FFAs) on “time charter”, “trip time charter” or “voyage routes”

0-250 0.10 %

251-500 0.08 %

>500 0.06 %


http://www.cltx.com/product/ffa-overview/


2.9. Pulp


Product Clearing per t

NOREXECO NBSK Softwood Kraft Pulp contracts in USD € 0.1

NOREXECO BHKP Hardwood Kraft Pulp contracts in USD € 0.1

2.10. Agricultural Commodities

Potatoes, Dairy Products

Product

Orderbook Trading / Trade

Registration

(per contract)

Clearing

(per contract)

Cash settlement upon

expiry

(per contract)

Butter € 1.0 € 0.5 € 1.5

Potatoes € 2.0 € 1.0 € 3.0

Skimmed milk powder € 1.0 € 0.5 € 1.5

Whey powder € 1.5 € 1.0 € 2.5

Liquid milk € 1.5 € 1.0 € 2.5

2.11. Delivery of electricity or natural gas for end consumption in Austria

Delivery of electricity or natural gas for end consumption in Austria according to the Austrian EEffG to

cover the compensation amount (fig. 3.13 par. 5 ECC Clearing Conditions) by off-setting according to

ECC Clearing Conditions fig. 3.13 par. 6, 9 in connection with fig. 3.13 par. 10 if applicable.

€ 1.20

per MWh

The clearing fee for delivery of natural gas or electricity for end consumption according to the Austrian EEffG in Austria to

cover the compensation amount (ECC Clearing Conditions fig. 3.13 par. 5) may be reduced in full or up to max. 10% (equals

€ 0.12 /MWh) by offsetting the energy efficiency measures of the trading participants or markets according to fig. 3.13 par.

6, 9 in connection with par. 10.


2.12. Auctions for end customers in the Czech Republic

Trading Fees Volume in MWh

(per year) Flat Fee

Variable Fee

(per MWh)

Suppliers all - CZK 1.00

End customers

0-25,000 - CZK 7.00

>25,000-50,000 CZK 175,000 CZK 5.00

>50,000-100,000 CZK 300,000 CZK 3.00

>100,000-250,000 CZK 450,000 CZK 1.00

>250,000 CZK 600,000 -

2.13. Registries

French Guarantees of Origin registry

Fee (per MWh)

Issuance of Guarantees of Origin € 0.03

Transfer, export, import, or cancellation of guarantees of origin € 0.01

French Energy Saving Certificates registry

Fee (per GWh cumac1)

Energy Saving Certificates delivered € 1.50

1 Energy saving targets are assessed in kWh cumac of final energy (cumac means cumulated and actualized), and

correspond to the energy savings cumulated over the lifetime of the implemented operation and actualized at a certain

rate.


3. Membership Fees

3.1. Power Spot

Entrance Fees

Market Entrance Fee

Germany, Austria, Switzerland, France, Great Britain and the Netherlands € 25,000

or equivalent GBP value

Germany, Austria, Switzerland, France and the Netherlands (indirect member1) € 5,000

Czech Republic2 € 15,000

Belgium (including strategic reserve) € 12,500

Belgium continuous intraday market, only € 5,000

Belgium (indirect participant1) € 500

French capacity market, only € 5,000

Entrance Fees for the Belgian market are not applicable if the participant is already a member of any other power spot

market but the Czech Republics.

Annual Membership Fees

Market Annual Fee

Germany, Austria, Switzerland, France, Great Britain, the Netherlands € 10,000


Germany, Austria, Switzerland, France or the Netherlands (indirect member1) € 5,000

Germany, Austria, Switzerland, France, Great Britain or Netherlands (Continuous Intraday, only) € 5,000

Germany Intraday 15-min. auction, only € 5,000

GB 30min Intraday Auctions (17:30 GMT/BST, D-1; 08:00 GMT/BST, D) € 5,000

Czech Republic2 € 0

Belgium (including strategic reserve) € 20,000

Belgium continuous intraday market, only € 4,000

Belgium (indirect member1) € 500

Belgium (indirect member including strategic reserve1) € 5,000

French capacity market, only € 2,000

1 An indirect member / participant means an exchange member trading indirectly through another exchange member called

a direct trading member, who shall act as its broker on EPEX SPOT. Note that there is no indirect membership on the

Great Britain market. 2 The entrance fee is not applicable for active members of PEGAS CEGH gas exchange, memb ers that hold the “PXE

Power Futures” membership and/or TSOs for natural gas.


3.2. Natural Gas

Membership Annual Fee

Two countries out of Germany (NCG & GASPOOL), France (PEG Nord & TRS), Belgium (ZTP & ZEE),

Netherlands (TTF), United Kingdom (NBP) and Italy (PSV) including Spot, OTF and Regulated Markets % € 9,000

Three countries and more out of Germany (NCG & GASPOOL), France (PEG Nord & TRS), Belgium

(ZTP & ZEE), Netherlands (TTF), United Kingdom (NBP) and Italy (PSV) including Spot, OTF and

Regulated Markets%

€ 15,000

Austria (CEGH VTP) including Spot, OTF and Regulated Markets € 15,200

Denmark (ETF) including Spot, OTF and Regulated Markets € 10,000

Czech Republic* € 14,700

% Free of charge within the first 12 months. If the “two countries” membership gets enhanced to the “three countries and

more” membership, the delta of € 6.000 (€ 15.000 – € 9.000) is also waived for the first 12 months.

Members admitted on Regulated Markets only benefit from a 20% rebate on annual membership fees. Passive members, entering the CEGH VTP Spot markets without any trading account, can benefit from a reduced membership fee of EUR 10,000 on the hub CEGH VTP.

* To obtain the right to trade on the CEGH Czech gas spot and futures markets, a one-time entrance fee of € 15,000 is

charged (not applicable for TSOs). The membership and entrance fee is not applicable for active members of PEGAS

CEGH gas exchange and/or members that hold the “PXE Power Futures” membership. Gas TSOs pay a reduced

membership fee of € 12,000 per year and no entrance fee.


3.3. Power Derivatives, Environmental, Agricultural and Global Markets


“Full Membership” at EEX: European Power Derivatives excluding PXE Power Futures

(including respective OTF and regulated Markets), Environmental Markets, Ores, Metals,

Alloys and Agricultural and Freight products offered by EEX1,3

€ 15,000

PXE Power Futures (Czech, Polish, Slovakian, Hungarian and Romanian power

derivatives)1,2,3 € 14,700

“Emerging & Environmental Markets Membership”: Environmental Markets, Coal, Freight,

Ores, UK Power Futures, Wood Pellets, Metals, Alloys and Agricultural products offered by

EEX plus trade registration of contracts that are not order book traded at EEX Group (Power

Derivatives: Greek and Romanian Futures)1,3

€ 2,500

US Power via Nodal Exchange3 $ 12,000

Primary auctions of EU-Emission Allowances on the Spot Market, only € 0

Agricultural Products Membership € 0

Fuel Oil, Ores, Metals, Alloys and Freight offered by CLTX € 0

1 At the request of trading participants admitted to the markets of EEX (including the EEX OTF) that are affiliated with each

other according to national or international accounting standards, the annual fees will be charged only once, whereas the

respective higher annual fee will then be charged. 2 Until December 31st, 2018, the annual fee for the Membership “PXE Power Futures” will be waived for trading participants

that hold the “Full Membership” with EEX and that have not been registered as participants for trading in power derivatives

with PXE on April 10th, 2017. 3 New trading participants after having been admitted for the first time will not be charged annual fees and will receive up

to three technical accesses to the trading system with the frontends EEX TT Screen and GV Portal User for Trading

Gateway free of charge for the first twelve months. Different kinds of membership can be combined. A trading participant

is deemed to be admitted to EEX for the first time if the trading participant or a company associated with the trading

participant in accordance with national or international accounting standards has not been admitted to EEX or has not

been a member of the EEX OTF in the past 12 months. 4 Charged on a $ 3,000 per quarter basis and waived for the calendar quarter for any pa rticipant with 300,000 MWh or more

of open interest entering the quarter or any participant that transacts within the quarter.

View Only

Persons who are not trading participants can obtain temporary access to the trading systems of the EEX (including the EEX

OTF) exclusively with read access and without the right to participate in trading (View Only). View Only access is provided

for three months and can be renewed once for a further three months’ period if admission to trading on EEX is granted or

membership of the EEX OTF is established. EEX AG charges the following fees for a temporary View Only access:

Fee

View Only Access € 0 p.a.

Trading participants can gain permanent View Only access to the trading systems of the EEX (including the EEX OTF). There

is no charge for the permanent View Only Status itself, but the charges apply for the selected technical access.


3.4. Auctions for end customers in the Czech Republic

Membership Fees Annual Fee Entrance Fee

Suppliers - -

End customers CZK 500 CZK 2,500

3.5. Registries

French Guarantees of Origin registry

Admission fee € 2,000 per account holder

Registration of production devices € 450 per 3-year period per device

French Energy Saving Certificates registry

Account opening € 150 per account

3.6. Clearing


Participation of Clearing Members in clearing% € 12,500

Participation of Non-Clearing Members in clearing% € 1,000

Participation of DCP-Clearing Members in clearing at several spot markets € 12,500

Participation of DCP-Clearing Members in clearing at a single spot market € 9,000

Participation of DCP-Clearing Members in clearing solely at the UK spot market £ 6,000

Participation of registered trading participants in clearing according to Austrian EEffG* € 50,000

% Free of charge within the first 12 month. For Non-Clearing Members, all revenues with regards to Clearing Fees

effectively collected from the respective Non-Clearing Member in the respective calendar year will be credited against

the annual fee. If the Clearing Fees charged within one calendar year on the basis of this Price List fall short of the

amount of the annual fee for Non-Clearing Members, ECC will charge the Non-Clearing Member concerned the difference

between the annual fee and the Clearing Fees effectively collected at the beginning of the following year. For Non -

Clearing Member that have not been members of ECC the entire calendar year the annual fee will be calculated pro rata

per month or part thereof (i.e. per month or part thereof € 83.33).

* The annual fee in connection with the Austrian EEffG is charged to the trading participants registered according to fig.

3.13 ECC Clearing Conditions and 1.1.2 ECC Price List.


4. Technical Fees

4.1. Frontend Fees

4.1.1. Power Spot

4.1.1.1. Day-Ahead auction and 15-minute Intraday call auction (DE/AT, FR, CH,

NL, BE)

Access via ETS (EPEX SPOT trading system)

Light Access (up to 2 users and up to 2 portfolios) € 3,500

Standard Access (up to 5 users and up to 5 portfolios) € 8,000

Additional user (read-only or read & write) € 4,000

Additional classic portfolio € 500

ETS Smart and Big Blocks (SAB) portfolio €2,000

ETS backup is mandatory even for users of the ETS API access to the markets, either as light or standard access

Access via ETS API*

API read and write mode

For 2 users and 2 applications, if active in one market area only € 3,000

For 5 users and 5 applications € 6,000

Per new application with up to 5 users € 1,000

Per 5-user extension € 2,000

API read mode for internal use For 5 users and 5 applications € 4,000


* Application Program Interface (API) is a set of routines, protocols, and tools for building software applications.

4.1.1.2. Intraday continuous market (M7) (DE/AT, FR, CH, NL)

Access via ComTrader

Via internet with an unlimited number of users € 4,000

ComTrader back up is mandatory even for those who use the API to access the m arkets


Access via M7 API*

API read and write mode

For the first application and for up to 5 users, if only active in one country € 4,000

Per new application with up to 5 users if only active in one country € 2,500

For the first application and for up to 25 users € 8,000


Per 25-user extension per application € 2,500

API read mode for internal use

For the first application and for up to 25 users € 5,000


Per 25-user extension per application € 2,500

* Application Program Interface (API) is a set of routines, protocols, and tools for building software applications.

For Indirect Members, a fixed technical fee of 500 € is charged independently from the number of markets. The technical fee

and the API technical fee are invoiced to the Trading member (not the Indirect Member).

4.1.1.3. Eurolight technical fees (UK)

Standard Eurolight Access € 20,000


4.1.1.4. PXE Trayport Global Vision (CZ)

standard access: two accesses for power spot plus one access for gas% € 6,000

additional access € 7,800

registration of additional IP address € 600

read only access € 4,200

Additional access to PXE Portal € 1,200

% PXE Trayport Global Vision System (standard access) is free of charge for TSOs

PXE API downstream account

API downstream account for connection to the Trayport Trading Gateway or RORC system in connection with trading

€ 4,200


4.1.1.5. French Capacity Market (FR)

Standard Access with 1 users and 2 portfolios € 0

Additional CTS (Certificate Trading System) portfolio for the French capacity market € 1,000

4.1.2. Natural Gas

Frontend Markets Accessible Annual Fee

Trading license % TTF, PEG Nord, TRS, ZTP, ZEE,

GASPOOL, NCG, NBP, PSV, PSV Fin, ETF,

CEGH VTP

€ 1,800 / account

Downstream

PXE Trayport Global Vision (standard access: two accesses for power spot plus one access for gas)

Czech Republic € 6,000 /standard access

PXE Trayport Global Vision (additional access)

Czech Republic € 7,800 / access

PXE Trayport Global Vision (registration of additional IP address ) Czech Republic € 600 / IP address

PXE Trayport Global Vision (read only access) Czech Republic € 4,200 / access

% Shift Traders pay a reduced fee of € 750

4.1.3. Power Derivatives, Environmental, Agricultural and Global Markets, Clearing

Frontend Markets accessible Annual Fee

EEX TT Screen1,3 European Power Derivatives, Environmental Markets, EEX Freight,

EEX Agricultural commodities

€ 1,800 / user

Trayport® Joule® Screen1,3

European Power Derivatives, Environmental Markets, EEX Freight, € 1,800 /

user

Eurex T7 GUI and/or Eurex Clearing GUI2,4

European Power Derivatives, Environmental Markets, EEX Freight,

EEX Agricultural commodities, Clearing

€ 7,500 / member

CLTX TRADER™ CLTX Freight, Fuel Oil, Metals, CLTX Agricultural commodities free of charge

M7 Auction System Primary auctions of EU-Emission Allowances on the Spot Market, only free of charge

1 New trading participants after having been admitted for the first time wil l not be charged annual fees and will receive up to

three technical accesses to the trading system with the frontends EEX TT Screen and GV Portal User for Trading Gateway

free of charge for the first twelve months. A trading participant is deemed to be adm itted to EEX for the first time if the trading

participant or a company associated with the trading participant in accordance with national or international accounting

standards has not been admitted to EEX or has not been a member of the EEX OTF in the past 12 months. 2 Only one of the two connections will be charged. The number of open Eurex Trader GUIs is only limited by the available

bandwidth of the used connections. 3 For these Frontends ETI/FIXML Sessions will be booked automatically 4 In the event of the loss of a Token as required for Eurex Clearing GUI access, a one-off fee of € 500 will be charged


4.1.4. Auctions for end customers in the Czech Republic

Frontend Fees Annual Fee

Deal-entry in the Trayport GlobalVision system for trading auctions via the standard account used at PXE

-

Special deal-entry account in the Trayport GlobalVision system for trading auctions for end customers, only

€ 2,500

4.2. Physical connection and other technical Fees

Special annual connection fees for power spot intraday continuous markets (M7)

Access type Annual

fees User Location

Via Leased Lines

256 Kbit/s bandwidth dedicated line € 9,000 All

512 Kbit/s bandwidth dedicated line € 18,000 All

1 Mbit/s bandwidth dedicated line to locations with Access Point

€ 24,000 Amsterdam, Dublin, Frankfurt, Helsinki,

London, Madrid, Milan, Paris, Vienna, Zurich

2 Mbit/s bandwidth dedicated line to locations with Access Point

€ 30,000 Amsterdam, Dublin, Frankfurt, Helsinki,

London, Madrid, Milan, Paris, Vienna, Zurich

Via VPN 512 Kbit/s bandwidth via VPN € 9,000 All

Connection and other technical fees for the markets of EEX

Connection Annual price per connection

Internet for EEX TT Screen free of charge

VPN (1 Mbit/s)1 € 15,000

Leased Line (E1)1,2,3 € 30,000

1 VPN and leased line will be provided by the technology Market Data Interface (MDI) as Multi Interface Channel (MIC). 2 Including the required EUREX GUI Channel. 3 The bandwidth of the leased line will be adjustable in correspondence with the individual dem ands. Please refer to the

detailed connection prices later in this chapter. For any further information on such adjustment or contact the technical

support of EEX AG ([email protected]).



Fees for ETI and FIX Sessions

If trading participants use third-party connection solutions (3rd Party Solutions) via ETI/FIXML to access the trading systems

of EEX (including the EEX OTF), EEX AG charges the following fees in addition to the connection fees pursuant to the agreed

size of the ETI or FIX sessions:

Eurex ETI / Fix Trading Session Annual fee

Eurex ETI Low Frequency Light Session (max. 50 Transmissions/Second) € 3,000

Eurex ETI Low Frequency Full Session (max. 150 Transmissions/Second) € 6,000

Eurex ETI High Frequency Light Session (max. 50 Transmissions/Second) € 3,000

Eurex ETI High Frequency Full Session (max. 150 Transmissions/Second) € 6,000

Eurex FIX Trading Session (max. 50 Transactions/Second) € 3,000

Each participant receives a discount of 100 % for fees for ETI and FIX sessions up to an amount of € 12,000 p.a.

Eurex Clearing Session

FIXML Session € 1,200 p.a. as of the third account


Detailed connection prices

The listed features of a service alternative may be used simultaneously on the ordered connection (bandwidth). The respective

services share the agreed bandwidth. To use the services ETI and FIX Sessions, one or more connections accord ing to the

following overview are additionally required. These will be charged in addition to the ordered MIC service.

Service

Bandwidth

(Leased line Mbit/s)

Connection prices

Leased line in Tier A

Leased line in Tier B

Leased line in Tier C

iAccess (VPN)

E1/Ethernet – Leased line

MIC and MDI 1 € 24,000 p.a. € 24,000 p.a. R € 15,000 p.a.1)

EUREX GUI Channel in Combination with MIC on same line3)

1 € 6,000 p.a. € 6,000 p.a. R –7)

Ethernet – Leased line6)

MIC and EMDI 4 € 36,000 p.a. € 42,000 p.a. R –4)

MIC, EMDI, and RDI 80 € 69,000 p.a. € 112,200 p.a. R –5)

EUREX GUI Channel in Combination with MIC on same line3)

1 € 2,400 p.a. € 3,000 p.a. R –

3 € 4,800 p.a. € 6,000 p.a. R –

5 € 7,200 p.a. € 9,000 p.a. R –

10 € 9,600 p.a. € 12,000 p.a. R –

Decided GUI – Solution (without MIC) on basis on leased lines

EUREX GUI Channel as decided solution3)

1 € 24,000 p.a. € 24,000 p.a. R –

3 € 30,000 p.a. € 36,000 p.a. R –

5 € 36,000 p.a. € 42,000 p.a. R –

10 € 42,000 p.a. € 54,000 p.a. R –

Internet – Solution

EUREX GUI Channel3)

over public Internet € 7,500 p.a.2) –


Legend

Tier A Urban areas of Amsterdam, Frankfurt, London, Paris, and Zurich

Tier B Germany, France, Great Britain, The Netherlands, and Switzerland

Tier C All other places upon request

R and other places Availability upon request

Remarks The prices per tier are reference prices only and may vary with regard to the exact location of the participant and the technical feasibility. Prices for other places upon request.

1) The alternative “Combined Access” requires the bandwidth of the iAccess connection to correspond with the respective bandwidth of the associated leased line.

2) GUI connection over the Internet is free of charge for participants using a MIC on a leased line. Otherwise a price of € 600 per month is charged (per participant, number of opened Eurex Trader GUIs is unlimited).

3) Eurex GUI Channel. The Eurex GUI Channel supports all GUI solutions provided by EUREX. More details are specified in the “Network Configuration Guide” as amended from time to time.

4) EMDI is not available over VPN. Therefore, two leased lines are required for redundant connections. 5) For technical reasons RDI will be offered only from 80 Mbit/sec. 6) A lead time of six months has to be taken into account when ordering leased lines based on Ethernet. 7) The GUI Channel is not available over VPN.


5. Trainings and Events

5.1. EEX Courses

EEX on-site Courses per person

2-Day Intensive Training “Exchange Trading” including EEX Trader Exam (Certificate)1 € 2,000

EEX Exchange Trader

EEX Exchange Trader preparatory tool (voluntary E-Learning) * € 400

EEX System Training (mandatory E-Learning) * € 250

EEX Trader Exam (mandatory on-site) € 200

E-learning Training “Trade Registration” including “Trade Registration” Exam 2 € 200

EEX Spot Market

Emission Certificates3

Half-Day Training “Spot Market Emission Rights” in-cluding EEX

Exam “Spot Market Emission Rights” (voluntary, on-site) € 400

System Training (mandatory E-Learning) € 0

EEX Exam “Spot Market Emission Rights” (mandatory on-site) € 0

Energy Trading Simulations € 900 per day

Training “Introduction to Exchange Trading” (also available as E-Learning2) € 400

Clearing on spot and derivatives Markets € 600

Principles of option trading € 950

Visitor Groups (max. 20 persons) € 1,400 flat

Accounting under German Commercial Code (HGB) and IFRS (on-site) € 850

1 Persons who prove that they have been assigned with the supervision of exchanges or central counterpartie s on a

professional basis may participate in the EEX Exchange Trader Certificate Course including the examination free of

charge. In these cases no certificate will be issued. However, after having paid the full fee these persons are free to

request the certificate within three years after they have taken the examination. 2 The assigned login data for the e-learning portal becomes void by the end of the 12th month (for Trade Registration by

the end of the 6th month) after its distribution to the respective user. 3 The Half-Day Training “Spot Market Emission Rights” comprises the primary auction and secondary trading of Emission

Rights. The System Training “Spot Market Emission Rights” is offered together with the EEX Exam “Spot Market Emission

Rights” only.

If required, all training courses and events (except Visitor Groups) can also be offered in -house whereupon the training

“Accounting under German Commercial Code (HGB) and IFRS” is only offered for 6 Persons as a minimum. In addition to

the participant fee listed above, for in-house events (except EEX Trader Exam and Training “Spot Market Emission Rights”

in Leipzig, Germany and Europe) a flat fee is charged per day.


Fees for In-house Trainings and Events 1 day courses Each additional day

In Leipzig € 950 € 725

In Germany € 1,400 € 950

In Europe € 2,300 € 1,400

Outside Europe individually individually

Expenses arising due to the use of portable computers of third parties for in -house events including but not limited to fees for delivery and rental fees are not included in the Additional Fees for In-house Trainings and Events and will be charged separately.

Up to 14 days prior to the participation in a training session or event, a change of the training or event date is free of ch arge.

Otherwise we charge a change fee of € 100 per participant. Up to 14 days prior to the booked participation in a training

session or event, a cancellation in writing is free of charge. Otherwise we charge a cancellation fee of 50 % of the respective

participant’s fee. Should the registered person not be able to attend, we accept a replacement at no additional cost. The

cancellation fees are also payable if the participant, after enrolling in a training session or event, does not participate i n the

booked training session or event without a valid reason. In-house trainings or events may be cancelled in writing free of

charge up to 14 days prior to the training session. Otherwise we will only charge 50 % of the respective additional fee for i n-

house trainings and events. The booking of an E-Learning offer may be cancelled in writing at any time against payment of

€ 50 per person and per booked offer as long as the respective login data is still valid and the user name concerned has not

been logged on to the E-Learning portal yet.


5.2. EPEX Courses

The prices shown are for one user with unlimited access for one year. For more information or package prices for up to 10,

20 or more users, please contact the EPEX E-Learning Team ([email protected])

EPEX E-Learning General per person

EPEX SPOT trading handbook* € 500

Kit EPEX SPOT exam* % € 650

EPEX SPOT trading handbook for non-members € 650

* available to EPEX SPOT members only

% One free training per new member in the first year (from the first training purchased)

EPEX E-Learning Clearing per person

Basics about clearing on spot markets and focus on ECC € 500

EPEX E-Learning Power per person package prices

What is a power system? € 450

€ 1,150 What is a power exchange? € 450

Participating in the electricity wholesale market € 450

Market Coupling in Europe € 750 -

How to fight against VAT fraud? € 450 -

EPEX E-Learning Flow-Based courses

in collaboration with the French TSO

Réseau de Transport d'Electricité (Rte)

per person package prices

Refresh your knowledge about TSOs and ATC € 650 € 1,000

€ 2,000 Understand Flow-Based methodology € 650

Learn more about Flow-Based capacity calculation € 650 -

Grasp Flow-Based parameters and the impacts for traders € 650 -

EPEX E-Learning on the Power Market

in collaboration with the French TSO Réseau de Transport d'Electricité (Rte)

per person

Power Generation € 500

Power Consumption € 500

Balance responsible parties and balancing market € 500

Capacity mechanism € 500



6. Info-Products (available only until 31 December 2018)

Info-Vendor Products

Prices for Info-Vendor products with the right of commercial use of the data are agreed bilaterally.

Info-User Products

The Info-User Products listed in the table below com prise the following access and usage rights:

Electronic access to the FTP

Internal usage rights regarding the market data provided

No right to publish, to distribute or for commercial usage

End-of-Day

Data

(historical)

End-of-Day

Data

(current)

Delayed

Data

(historical)

Delayed

Data

(current)

Info-User Power

(all derivatives plus

DE, AT, CH and FR spot)

€ 1.200

one-time1 € 100 per month

€ 2.400


Info-User Power

(BE, NL or UK spot) € 1000 per year and country

Info-User Natural Gas € 900


€ 2.400


Info-User Environmental € 480


€ 1.800


Info-User Coal & Oil € 360


€ 720


Info-User Freight € 360

one-time1 € 30 per month - -

Info-User Metals € 360

one-time1 € 30 per month - -

Info-User Agriculture € 480


€ 1.800


Info-User Transparency Data

Power

BE/NL or CZ CH or DE/AT GB or HU

€ 50 per month and country € 80 per month and

country

€ 30 per month and

country


EuroWind

DE/AT

€ 75 per month


Gas

AT, CZ or DE

€ 30 per month and country

1 For access to historical data for a period of 2 months.


REMIT RSS-Feed Power

CZ or NL AT, CH or DE BE, FR, GB, HU or IT

70 € per month and

country


country


country

REMIT RSS-Feed Gas

AT, BE, CH, CZ, DE, FR, GB, HU or IT

30 € per month and country

Ad-hoc Ticker RSS-Feed

All available countries

40 € per month

SMS Alert for power spot markets Annual fee per user

Intraday Continuous Market € 200

Day Ahead Auction € 120

Dedicated environment for the development of realtime interfaces with EPEX SPOT trading systems

read & write per year

M7 (ex ComXerv) EPEX SPOT intraday continuous trading system € 6,000

ETS EPEX SPOT Day-Ahead trading system € 6,000


7. EEX Group DataSource

For the provision of historical and current market data as well as settlement prices, indices or other calculations b y EEX

Group, EEX AG charges the following fees depending on the ordered module and access type and option (End-of-Day,

Delayed or Real-time):

7.1. Access via API

Modules Delayed Real-time

EEX Power Futures € 4,200 per year € 6,000 per year

PEGAS Natural Gas € 4,200 per year € 6,000 per year

EEX Environmentals € 2,460 per year € 3,540 per year

EEX Agriculturals € 2,460 per year € 3,540 per year

EEX Freight € 1,050 per year € 1,500 per year

EEX Ferrous Metals € 1,050 per year € 1,500 per year

EEX Transparency Data Power – € 6,000 per year

EEX Transparency Data Gas – € 3,540 per year

EEX Transparency Data Power EuroWind – € 4,620 per year

7.2. Access via Desktop App

Modules Real-time

All available Modules € 4,200 per year


7.3. Access via Excel Tool

Module Real-time

EEX Power Futures € 3,000 per year

PEGAS Natural Gas € 3,000 per year

EEX Environmentals € 1,800 per year

EEX Agriculturals € 1,800 per year

EEX Freight € 750 per year

EEX Ferrous Metals € 750 per year

EEX Transparency Data Power € 3,000 per year

EEX Transparency Data Gas € 1,800 per year

EEX Transparency Data Power EuroWind € 2,340 per year

A fee of € 50 per month and module is charged for the use of the Excel tool (technology fee). This technology

fee is already included in each module fee of this Section.

7.4. Access via sFTP Server

Modules – End-of-Day Subscription

(Price per Month)

2-Month Access

(One-off Price)

EPEX Power Spot1) € 50 € 600

EPEX Power DE Spot € 80 € 960

EEX Power Futures2) € 50 € 600

EEX Power Futures Trades2) € 50 € 600

EEX Power DE Futures € 80 € 960

EEX Power DE Futures Trades € 80 € 960

PEGAS Natural Gas € 75 € 900

PEGAS Natural Gas Trades € 75 € 900

EEX Environmentals € 40 € 480


EEX Environmental Trades € 40 € 480

EEX Agriculturals € 40 € 480

EEX Agricultural Trades € 40 € 480

EEX Freight € 30 € 360

EEX Freight Trades € 30 € 360

EEX Ferrous Metals € 30 € 360

EEX Ferrous Metals Trades € 30 € 360

EEX Coal & Oil – € 360

EEX Transparency Data Power EuroWind DE € 80 € 960

EEX Transparency Data Power EuroWind AT € 50 € 600

EEX Transparency Data Power for AT, DE, CH3) € 80 € 960

EEX Transparency Data Power for BE, CZ, NL3) € 50 € 600

EEX Transparency Data Power for FR, GB, HU, IT3) € 30 € 360

EEX Transparency Data Gas for AT, CZ, DE, IT3) € 30 € 360

1) Prices are per country (AT, CH, FR) according to order.

2) Prices are per country (AT, BE, CH, CZ, EL, ES, FR, HU, IT, NL, Nordic, PL, RO, SK, UK) according to order. 3) Prices are per country according to order.


8. Compliance Services

8.1. Publication of inside information and forwarding of data in accordance

with REMIT and MAR

For the receipt, publication and forwarding of inside information pursuant to Article 4 para 1 and Article 8 para 5 of Regula tion

(EU) 1227/2011 (REMIT) or Article 17 para 2 of Regulation (EU) 596/2014 (MAR) regarding

a) the business of the client and/or

b) the capacity, use and unavailability of reported facilities

EEX AG charges the following fees depending on the extent of the reports :

Reporting companies with physical facilities

Reporting companies without physical

facilities

Disclosure of inside information for the capacity, use and unavailability of facilities

MINI1 150 €/month –

SMALL (< 5 units)2 450 €/month –

MEDIUM (≥ 5 to < 10 units)2 700 €/month –

LARGE (≥ 10 units)2 950 €/month –

Disclosure of other inside information for the business and facilities

Ad-hoc Ticker (REMIT and MAR) via TR-Tool free of charge 150 €/month5

Ad-hoc Ticker (REMIT) via Online Tool3 150 €/month 150 €/month

Ad-hoc Ticker (MAR) via Online Tool4 150 €/month 150 €/month

1 For customers who concluded a data delivery contract effective as of 1 October 2017, which exclusively report units with a capacity of less than 100 MW in the field of power production. A unit is the smallest component of a facility for which messages regarding capacity, use and unavailability are required according to Regulation (EU) 1227/2011.

2 The number of units is summed up across all commodities, stages of the value chain and countries. In the field of power production, units with a capacity of less than 100 MW are not considered in the calculation.

3 Up to 3 certificates per reporting company are provided. The Online Tool is also available as an emergency channel for companies with physical facilities in order to safeguard their reporting in case of an outage of their IT reporting infrastructure.

4 Up to 3 certificates per reporting company are provided.5 For customers who concluded a data delivery contract before 30 September 2016. The service is not available after that date.

The data delivery contract contains more detailed provisions on this. The data is published on the EEX transparency

platform (www.eex-transparency.com).

http://www.eex-transparency.com/


8.2. Forwarding of fundamental data pursuant to EU Transparency

Regulation

For the forwarding of power production and consumption data of the client to ENTSO-E pursuant in accordance with the

requirements of Regulation (EU) 543/2013 (EU Transparency Regulation) and the Manual of Procedure of ENTSO-E, EEX

AG charges the following fees depending on the extent:

Forwarding for facilities Fee

SMALL (< 5 units)* € 200 per month

MEDIUM (≥ 5 to < 10 units)* € 325 per month

LARGE (≥ 10 units)* € 450 per month

* A unit is the smallest component of a facility for which messages according to the EU Transparency Regulation are required. The number of units is summed up for the commodity “power” and the stages of the value chain “production” and “consumption” for all countries of the client.

8.3. Transaction data pursuant to REMIT

For the provision with the client’s order and transaction data (basic service) as well as their forwarding to ACER 1) or ElCOM

(additional service) in accordance with the provisions of REMIT2) and further regulations based on it,

EEX AG charges the following fees depending on the number of OMP Groups 3) selected:

Basic Service Additional Service

Data provision to the

Market Participant Reporting to ACER

Provision of Data to

ElCom Equias

One OMP Group5), 6) € 250 per month Free of charge

This is only offered in connection with the basic service

€ 100 per month € 100 per month4) Two OMP Groups € 450 per month

Three OMP Groups € 600 per month

1) As an alternative to direct forwarding of the data specified to ACER, provision to a nother Registered Reporting Mechanism (RRM) approved by ACER can also be chosen.

2) Upon request, the data can also be forwarded to ElCom in accordance with the StromVV. 3) The following OMP Groups may be selected:

- OMP Group EEX: EEX regulated market and/or EEX OTF

- OMP Group EPEX: EPEX SPOT SE and/or EPEX SPOT Belgium SA

- OMP Group Powernext: Powernext Spot and regulated market and/or Powernext OTF 4) Please note that any fee charged by Equias (formerly EFETnet) towards EEX will result in an adjus tment of this fee at

the time of the former’s introduction without any further discretion. 5) For EPEX SPOT SE and EPEX SPOT Belgium SA members which are admitted to trading in only one of the previous

APX markets as of 31 December 2016, a fee of 175 €/mon th will apply in 2018. 6) For Powernext members which are admitted as passive members and only to trading in CEGH markets as of 30

November 2016, a fee of 90 €/month will apply in 2018.


8.4. Position- and transaction data pursuant to MiFID II and MiFIR

For the provision with instrument data as well as the client’s position and transaction data for the purpose of completion and

forwarding to Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) or Autorité des marchés financiers (AMF) according to

the relevant provisions of the national implementation of Directive 2014/65/EU (MiFID II), Regulation (EU) 600/2014 (MiFIR)

and further regulations based on them (Basic Service), EEX AG charges the following fees depending on the extent of the

service:

MiFID II Data Services

Basic Service free of charge1

Additional Service 1 free of charge 1

Additional Service 2 300 €/ per Month2


Additional Service 4 on request4

MiFIR Data Services

Basic Service free of charge3 / € 300 per month4



Additional Service 3 on request4

1 For members of EEX or Powernext as Non-Investment or Investment Firms.

2 For non-members of EEX or Powernext, who are participating via members as a third party. 3 For members of EEX or Powernext as EU-Investment Firms (until and including 31 March 2018) or Non-Investment

Firms and Non-EU-Investment Firms. 4 For members of EEX or Powernext as EU-Investment Firms from 1 April 2018.

The MiFID II/ MiFIR Data Services Agreement contains more detailed provisions on this and other available services

(Additional Services).

8.5. Individual services on request

In addition to the services pursuant to Sections 2.8.1 to 2.8.4 further associated servi ces may be requested from EEX AG,

such as historical data retrieval. If EEX confirms the possibility of the provision of the associated services, an effort -dependent

fee of 150 €/hour will be charged. Further details shall be agreed between the parties.

8.6. ECC EMIR Trade Reporting Service

ECC offers Trade Reporting Services which allow members to delegate trade reporting obligations according to EMIR Art. 9

to ECC. Trade Reporting Services are provided by ECC. ECC charges a monthly fixed fee of 200 € per mem ber for the

provision of EMIR Trade Reporting Services.


9. Mistrade Fees and Cancellation Fees

9.1. Power Spot

Type of order cancelling or entering Fee

Order entering or cancellation on the day-ahead and intraday 15-min. auction market segment or order cancellation on the Continuous Intraday Market

€ 50 / per order

Order entering on the Continuous Intraday Market (when the member does not have access to the trading system for reasons outside of EPEX Spot control)

€ 200 / per order

Trade cancellation on the Continuous Intraday Market at a member’s request in case of a mistrade*

€ 3,000 / trade

Trade cancellation in EuroLight UK £ 1,000 / contract

* These fees apply only to the party requesting the cancellation In case EPEX SPOT decides ex officio to cancel a transaction because of a manifest error, the member(s) who benefited financially from the cancellation shall pay a fee of € 5,000.

9.2. Power Derivatives, Environmental, Agricultural and Global Markets

Product Fee

Power Derivatives

Companies that have a quotation obligation towards the exchange or towards

the EEX OTF: € 500

Other exchange participants: € 0.10 per MWh multiplied by the contract volume*, at least € 1,000 and at the most € 3,000, however, per mistrade request.

Environmental markets

EEX Agricultural products** € 500

Coal, EEX Freight € 5,000

* Combined trades are not considered for calculating the fees. ** Mistrade fees will be applied per executed order, not solely per trade.


9.3. Natural Gas

Contract Fee

(Contract quoted in €)

Fee

(Contract quoted in £)

Spot all € 500 £ 400

Derivatives (incl. respective OTF)

Month Contracts € 1,000 £ 800

Quarter Contracts € 1,500 £ 1,200

Season Contracts € 2,000 £ 1,600

Calendar Contracts € 2,500 £ 2,000

At TTF, PEG Nord, TRS, ZTP, ZEE, GASPOOL, NCG, NBP, PSV, PSV Fin, ETF or CEGH VTP for cancelling a Transaction related to a Spread between Products or an Implied Order, only one of the resulting transactions is invoiced. These fees shall be charged only to the party requesting the cancellation. If a cancellation concerns multiple Transactions, only the fee applicable to the longest maturity or the most important volume will be applied.


10.Fee for excessive use of trading systems

10.1. T7 In case of excessive use of EEX’s trading system T7, by entering, changing, or deleting disproportionately many orders

(Entries) of one trading participant per ex-change or trading day, EEX AG charges a tiered fee (ESU Fee) to mitigate

negative effects to the stability of the systems of EEX and of OTF and the in tegrity of the markets of EEX (including the

OTF).

The Entries are calculated according to the following rules:

Entry and Deletion of an order, respectively: each one entry

Change of an order: two entries Entry of combined orders: two entries or as many entries as individual orders, respectively

Quotes: two entries

No entry: measures conducted by the trading systems, e.g. deletion of orders

Disproportionately many Entries of one trading participant are existent, if the number of Entries of that trading par ticipant

per executed transaction per exchange or tradingday is greater than the free number of Entries determined for the

respective product and market segment (Entry-Transaction-Ratio), whereas the Entry-Transaction-Ratio for one transaction

is also valid, if no transaction has been executed. The Entry-Transaction-Ratio per product and market segment amounts

to:

Product Market Segment Entry-Transaction-Ratio

Power Derivatives Market 60,000

Emission Rights Derivatives Market 30,000

Spot Market

5,000 Coal Derivatives Market

Agricultural products Derivatives Market

Other products Spot/Derivatives Market

The Excessive System Usage Fee will be charged solely for the Entries that constitute the excessive use of EEX’s or OTF’s

trading systems (Exceedance). The amount of the Excessive System Usage Fee will be determined for each Exceedance

subject to the level of exceedance (up to and including 50 %, over 50 % up to and including 100 %, over 100 %):

Product Market Segment Factor for Exceedance (in €)

≤ 50% > 50–100% >100%

Power Derivatives Market

0.01 0.02 0.03

Emission Rights Derivatives Market

Spot Market

Coal Derivatives Market

Agricultural products Derivatives Market

Other products Spot/Derivatives Market


The Excessive System Usage Fee according to this section will be reimbursed, if the number of exchange or trading days

the Excessive System Usage Fee has been incurred for the respective trading participant in the relevant calendar month is

not greater than five and the trading participant provides plausible reasons in text form within one week after the respective

invoice has been sent that the excessive system use did not occur deliberately or grossly negligently.

The provisions regarding the Excessive System Usage Fee do not apply to Entries made within the scope of auctions and

for trading participants having quoting obligations.

Example for the determination of the Excessive System Usage Fees: A trading participant generates on one exchange or trading day in the market segment „Derivatives Market” for the product “Power” 300,000 Entries and 2 transactions, i.e. the trading participant generated 150,000 Entries per transaction. The permitted Entry-Transaction-Ratio, however, amounts to 60,000. Thus, the Excessive System Usage Fee adds up to:

Entries per Trade: 0 – 60,000 (Excessive System Usage Fee Limit)

= 60,000 à € 0.00 € 0.00

Entries per Trade: 60,001 – 90,000 (≤ 50% Exceedance)

= 30,000 à € 0.01 € 300.00

Entries per Trade: 90,001 – 120,000 (> 50% – 100 % Exceedance)

= 30,000 à € 0.02 € 600.00

Entries per Trade: 120,001 – 150,000 (> 100 % Exceedance)

= 30,000 à € 0.03 € 900.00

Excessive System Usage Fee: € 300.00 + € 600.00 + € 900.00 = € 1,800.00

10.2. M7

Germany-Austria-France-Switzerland

continuous intraday market usage fee

100 € per Order to Trade Ratio (OTR)* Alert as from 5 Alerts per

Month.

* Order to Trade Ratio (OTR) reflects the following formula applicable per Member: OTR = number of orders sent per

Instrument/ number of transactions per Instrument. Where,

Instruments are individual expiry per market area

Orders are identified through their identification number in the Trading system Transactions are orders executed partially or integrally. When no transaction is executed, OTR corresponds to the

number of orders sent per Instrument by the member. The ratio is calculated using the order and trades concluded from the opening to the closure of the contract expiry.

Hourly and 15-Min products where applicable are subject to OTR calculation. Blocks are not subject to OTR calculation.

There is a different OTR for each Instrument for which a member sent at least one order. An OTR alert occurs for a couple

(Instrument; Member) when OTR level is strictly higher than 50. The first 4 OTR a lerts of the month are free of charge

per member. From the 5th OTR alert in the month, a usage fee of 100 € per OTR alert is charged.

Notwithstanding the application of the Code of Conduct, EPEX SPOT reserves the right to discard from the statistics

manipulative transactions.


11. Clearing related Services

11.1. Service Fees for Margin Assets in the Form of Securities

For eligible margin assets in the form of securities or book-entry securities (Wertrechte) delivered as cover, a fee will be

charged daily in the amount of 0.05% p.a. The calculation of the fee will be performed act / 365 based on the value of the

eligible margin assets in EUR in the form of securities or book-entry securities (Wertrechte) delivered to cover margin

requirements which are entered on the internal collateral accounts of the clearing member. Therefore,

a) eligible margin assets in the form of securities or book-entry securities (Wertrechte) entered on the margin accounts

whose delivery is not required to cover margin requirements,

b) eligible margin assets in the form of cash,

c) contributions to the Clearing fund and

d) funds provided for the fulfilment of liable equity capital requirements

are not part of the calculation basis.

11.2. Service Fee for Margin Assets in the Form of Emission Allowances

ECC does not charge a fee for using emission allowances to reduce margin requirements.

11.3. Service Fee for Margin Assets in the Form of Bank Guarantees For eligible margin assets in the form of accepted bank guarantees delivered as cover, a fee will be charged da ily in the

amount of 0.05% p.a. For UK DCP Clearing Members holding a respective national license as stipulated in the form DCP01

(“Application for Admission as DCP Clearing Member”) the fee is 0.20 % p.a.. The calculation of the fee will be performed act

/ 365 based on the value of the nominal guarantee amount in EUR.

11.4. Interest on margin assets in the Form of Cash to Clearing Members ECC will forward the interest generated through the investment of margin assets in the form of cash exclusively to its Clea ring

Members as interest based on the respective amount of margin assets in the form of cash while retaining a deduction from

the capital gained of, at a maximum, 0.10 % as an interest margin. Interest on cash margins shall only be paid as of a yield

on capital of more than 0.10 %. Interest is calculated on a daily basis. Interests on cash margins of a DCP-Clearing Member

are not be passed on to the DCP-Clearing Member.


11.5. Passing on of expenses for margin assets in the Form of Cash to Clearing

Members and DCP-Clearing Members

With regard to margin assets in the form of cash deposited as collateral, Clearing Members or DCP-Clearing Members,

respectively, shall refund ECC expenses which incur as a result of the management or investment of such assets.

Expenses which have to be refunded include negative interest rates, penalty fees, commission fees and other payments

which have a comparable effect and are charged by the central or commercial bank keeping the account with regard to the

respective cash balance, plus a management fee of 0.10 %.

For UK DCP Clearing Members holding a respective national license as stipulated in the form DCP01 (“Application for

Admission as DCP Clearing Member”) the management fee is 0.20 % p.a..

The calculation shall be made on a daily basis. An interest margin retained by ECC according to section 11.3 shall reduce

the management fee to, at a maximum, 0.00%.

11.6. Fees for the Maintenance of Clearing Member’s Accounts at Clearstream

Banking Frankfurt AG (CBF)

CBF charges fees to ECC for the maintenance of clearing member’s accounts according to the current CBF price list. ECC

will pass on these fees to the respective Clearing Member.

11.7. Return Debit Service Fee

In case of a return debit, a one-off service fee of € 10.00 is charged.

11.8. Fee for the same-day Delivery of Emission Allowances to a Registry

Account

The delivery of emission allowances to any registry account of the participant which must have been applied for until the

preceding ECC business day is free of charge.

ECC charges a fee of € 500 per transfer for the delivery of emission allowances to a registry account of the participant on

the same day.

11.9. Fee for the Collection of a Delivery Margin in the Event of the Non-Submission of Emission Allowances

A fee of 0.01% p.d. is calculated every day with regard to the collection of a Delivery Margin in the event of an insufficien t

inventory in the internal delivery account for which the trading participant is responsible.

The fee is calculated in EUR on the basis of the Delivery Margin charged.


11.10. ECC EMIR Data Service

ECC offers the possibility to delegate trade reporting pursuant to Article 9 of Regulation (EU) 648/2012 (EMIR) to ECC. The

provision of this service is based on the “EMIR Data Services Agreement” with the following fees charged by ECC:

1 For Clearing Members the fee for this service is reduced to 0 € as soon as at least 3 of their respective Non -Clearing Members delegate trade reporting to ECC.

Associated services to this section may be requested s uch as historical data retrieval. If ECC confirms the provision of the associated services ECC will charge a fee of 150 € per hour to cover efforts related to this. Further details are to be clari fied between the requesting entity and ECC.

11.11. Fee for Adjusting Limits (for DCP Clearing Members only) For the adjustment of limits at the spot market requested by the DCP Clearing Member, ECC charges a fee of 100 € or 70 £*, respectively, per adjustment.

* Applicable to DCP Clearing Members admitted at the UK spot market only.

11.12. Fee for the Change of Margin Assets in the Form of Cash (for DCP

Clearing Members only) For payments to or from the margin account of the DCP Clearing Member at ECC which are authorized by the DCP Clearing Member, ECC charges a fee of 100 € or 70 £*, respectively, per payment.

* Applicable to DCP Clearing Members admitted at the UK spot market only.

11.13. Fee for Provision of additional Agency Accounts (for Indirect Clearing Services only)

For the set-up of additional technical Non-Clearing Member IDs to provide further Agency Accounts, ECC charges a one-time

fee of 5,000 € per Non-Clearing Member ID.

Basic Service Additional Service

Data provision to the Market

Participant Reporting to Regis-TR

All exchanges ECC pro-vides Clearing Services for

€ 300 per month1 Free of charge - only selectable in addition to the Basic Service


12.Trading Limit Service

Read-only access to the ECC Trading Limit Self-Service Solution (SMSS) can be requested free of charge.

For the utilization of the system as the originator of limits, ECC charges a monthly fee according to the following table:

Description Clearing Fee

(per month)

Basis fee for Clearing Member (as originator of limits) € 550

Basis fee for Non-Clearing Member (as originator of limits) € 100

Administrative fee per limit (for the originator of limits) € 30

Fee for Adjusting Limits (DCP-Clearing Members only)

For the adjustment of limits at the spot market requested by the DCP-Clearing Member, ECC charges a fee of 100 € per

adjustment. For DCP-Clearing Members admitted at the UK spot market, only, ECC charges a fee of 70 £

Fee for the Change of Margin Assets in the Form of Cash (for DCP-Clearing Members only)

For payments to or from the margin account of the DCP-Clearing Member at ECC which are authorized by the DCP-Clearing

Member, ECC charges a fee of 100 € per payment. For DCP-Clearing Members admitted at the UK spot market, only, ECC

charges a fee of 70 £


13.Market Support Agreements at EEX

EEX AG offers interested direct or indirect trading participants to support the development of the respective sub -markets of

EEX through market support initiatives and/or the assumption of quotation obligations or other support services, in accordance

with the following conditions (Market Support Agreement).

All Market Support Agreements described in this Section are subject to change and are for information purposes only. The

details result from the respective Market Support Agreement to be concluded.

13.1. General Market Support Agreements

13.1.1. Market Maker Agreements Market makers must quote according to defined parameters such as order book presence and maximum spreads over a fixed

period in the respective order book of EEX in order to receive a corresponding fee.

In addition to the conclusion of a Market Making Agreement, admission as a Market Maker by the Management Board of the

Exchange is required.

13.1.2. Liquidity Provider Agreements Liquidity providers must quote according to defined parameters such as order book presence and maximum spreads over a

fixed period in the respective order book of the EEX in order to receive a corresponding fee.

In addition to the conclusion of a Liquidity Provider Agreement, the admission as a Liquidity Provider by the Management

Board of the Exchange is possible.

13.1.3. Volume Provider Agreements Volume Providers must reach defined volume thresholds when trading on EEX in order to receive a corresponding fee.

13.1.4. Other Supporter Agreements Other Supporters must provide defined support services in return for a corres ponding fee.

13.2. Special Market Support Initiatives for the Emissions Market

13.2.1. Initiator Aggressor Initiative The trading participant must enter at least ten initiator orders (buy and/or sell orders) into the respective EEX order book

within one month in order to receive a fee.

Interested parties please contact [email protected].

13.2.2. Roll Initiative The trading participant must increase his open positions within one month by at least 10.000 kt CO2 net in order to receive a

fee.

This initiative is offered exclusively for the EEX EUA (Front)-Dec Future. Interested parties please contact

[email protected].



eex group price list · eex group price list 18. february 2019 leipzig ref. 00033 this document is...

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