Clearing Circular 10/2017 | Enhancements of EEX Power Options

    Please find attached the ECC Clearing Circular 10/2017 - Enhancements of EEX Power Options.

    From 15 May 2017 onwards ECC will offer extended clearing services for EEX Month Options for Phelix, French, Italian and Spanish power. The extension of tradeable expiries is as follows:

    From next 5 to next 9 months for Phelix options

    From next 2 to next 5 months for French, Italian and Spanish options In addition, EEX will enable the automatic generation of a broader range of strike levels around the settlement price of the underlying for Phelix, French, Italian and Spanish options.

    Furthermore, smaller price increments for setting strike levels will be implemented.

    Both enhancements will start on 27 March 2017.