The European Energy Exchange (EEX) is creating new incentives for trading in Guarantees of Origin (GoO). Trading participants will be exempt from trading fees (0.6 € Cents per GoO) for trading transactions concluded from February 2014. The new fee holiday is valid until the end of 2014.
Since the beginning of 2014, EEX offers a special “Environmental Markets” member ship for trading in Guarantees of Origin which comprises the markets for Emission Allowances and Guarantees of Origin and costs EUR 2,500 per year. In the first year, no annual fees are incurred for totally new members and, furthermore, they receive up to three accesses to the trading system, free of charge.
“With the new membership and the fee holiday, we aim to boost the attractiveness and liquidity of this market which is still young and give our participants an additional incen- tive to trade in the new products”, says Steffen Köhler, Chief Operating Officer of EEX.
Michael Weber, Head of Intermediary of the Finnish trading participant GreenStream Network Plc. comments: “This specialized membership is ideal for us. We can now take part in trading in Guarantees of Origin without having to apply for full exchange membership.”
The European Energy Exchange (EEX) is the leading energy exchange in Europe. It develops, operates and connects secure, liquid and transparent markets for energy and related products on which power, natural gas, CO2 emission allowances, coal and gurantees of origin are traded. Clearing and settlement of all trading transactions are provided by the clearing house European Commodity Clearing (ECC). EEX is a member of Eurex Group.