The European Energy Exchange (EEX) prolongs the trading hours of emission options on the expiry days from 3:00 p.m. CET to 6:00 p.m. CET. The underlying prices will be calculated during the traditional settlement price window between 5:50 p.m. CET and 6:00 p.m. CET. The option ex-ercise time will be moved to 6:45 p.m. CET.
Subject to the approval of the EEX Exchange Council in its next meeting on 9 December 2016, these amendments will be published in the after-math of said meeting and will then enter into force.
The ECC Clearing Specification will be amended accordingly and is avail-able on ECC’s website.