EEX Group continues to strengthen its global position in year of exceptional change
Submitted
19/01/2021 - 1:38pm
EEX Group continued to strengthen its position in the global commodity exchange space in 2020 by posting significant volume increases across the majority of its energy and commodity portfolio.
The major growth drivers were the European power markets, the environmental markets in Europe and North America and the global dry freight markets. Throughout the year, EEX Group continued to build and develop markets together with its customers and further extended its reach into Asia with the successful entry into the Japanese Power market.
Peter Reitz, CEO of EEX, says: “In 2020, we realised many major ambitions. We reconfirmed our position as the number one exchange group in power trading worldwide, we retained our position as Europe’s leading gas spot exchange and became a major global force in freight trading by gaining the majority share of open interest in the dry freight market. Most importantly, in a year where the entire world has had to adapt to working alongside a global pandemic, we were able to support our customers through this time of exceptional change.”