Press Conference

1. Welcome to our Press Conference
EEX and CLTX –
creating a combined global offering
London – 23 January 2014
© European Energy Exchange AG/Cleartrade Exchange Pte Ltd.

2. EEX and CLTX
join forces
Freight, Fuel Oil, Fertilizer,
Iron Ore, Steel, Containers
Markets
and Products
Power, Natural Gas,
Emissions, Coal
Additional
Services
Trade Registration and
Reporting, Clearing
Choice of Clearing,
Best Execution
Location
Leipzig, Brussels,
London, Paris
Singapore,
London
Primary
Regulatory status
Regulated Market
in Germany and EU
Regulated Market
in Singapore
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3. EEX group structure
European Energy Exchange AG
50 %
EPEX SPOT SE
EPEX SPOT SE
80 %
EEX Power
Derivatives GmbH
98.5 %
European
Commodity Clearing AG
100 %
EGEX European Gas
Exchange GmbH
100 %
Global Environmental
Exchange GmbH
52 %
Cleartrade Exchange
Dedicated entities for individual markets and products provide a
strong focus on characteristics and client needs in every segment
Further shareholdings not shown:
Storage Capacity Exchange GmbH (12 %)
European Market Coupling Company GmbH (20 %)
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4. ECC’s clearing model
ECC provides clearing and settlement services for currently seven
partner exchanges, to be complemented by CLTX

5. Cleartrade Exchange
Founded in February 2010
Headquartered in Singapore
Cloud Hosted end to end trading to clearing platform
A Many – to – Many Business Model
Regulated Futures Market
1st Marketplace for Global Dry Bulk Derivatives a $440bn notional market
2009
2010
Cleartrade Exchange Timeline
2011
2012
(FEB) Cleartrade Exchange
Market Study
Incorporation in Singapore
Regulated Market
Technology
Design & Build
1st IDB
2013
Over
157,000
Trades
Processed
2014
Live Trading &
PaaS
EEX Acquire
DMA &
Live
RMO License 3 Product Families Launched Mobile Apps Reuters Live
Member
Container
Strictly Private and Confidential
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Credit Filter& 1st Clearing House
Onboarding
Freight
5
Fuel
Oil
DTCC
Live
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6. CLTX Open Market
Best Execution
Provides choice at the point of execution,
removes liquidity silos across multiple
contracts with increased choice of clearing
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7. Both organisations with
strong organic growth…
Power Trading volumes in TWh
Natural Gas volumes in TWh
CLTX Volume by Instrument
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8. …entering new asset
classes…
Guarantees of Origin (GoOs)
 Nordic Hydro
 Alpine Hydro
 Central Northern
European Wind
Developing
a
Trading
EcoSystem
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9. … extending
geographical reach
EEX connects more than 250 trading
participants from 24 countries
Extending trading and clearing products
into further European regions
•
•
Belgian and Dutch Power Futures
Trade Registration for further contracts:
Nordic Power
Futures
NBP Gas
Iberian Power
Futures
Swiss Power
Futures
Romanian
Power Futures
Italian Power
Futures
EUR-Coal for
Dark Spreads
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10. … and Connecting
Global Markets
Bringing markets, clients and products together
Bringing markets, clients and products together
CLTX has 48 members and 66asset classes across 18 countries
CLTX has 48 members and asset classes across 18 countries
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11. Overall portfolio of
both partners combined
10 Asset Classes
300 Market Participants
Order book trading,
Trade registration,
clearing & post trade
services
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12. Looking forward…
Market participants benefit from additional choice of asset classes,
technology leadership and extended choice of clearing.
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