European Energy Derivatives Exchange N.V.

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European Energy Derivatives Exchange N.V.
Founded 2002
Headquarters Amsterdam
Website http://www.endex.nl/

The European Energy Derivatives Exchange N.V. (ENDEX) is an energy derivatives exchange for wholesale market participants. ENDEX offers its members trading and clearing services for power and natural gas futures. Clearing is provided through the European Commodity Clearing AG (ECC).

ENDEX also operates daily pricing panels for Dutch and Belgian power and for Dutch TTF traded natural gas. The ENDEX price indices are published daily, and contribute to more price transparency in the energy sector.

ENDEX is recognized by the Dutch Minister of Finance and supervised by the Netherlands Authority for the Financial Markets (AFM) and the Dutch Central Bank (DNB). Furthermore, the Dutch Minister of Economic Affairs has appointed ENDEX as a gas exchange under the Dutch Gas Act.[1]

History[edit]

ENDEX was founded in 2002 by major players in the European energy market and financial sector. ENDEX's main shareholders are Delta, Electrabel, Endesa, ENECO, E.ON, Essent, Euronext, Fluxys, Fortis, Gasunie, Nuon, RWE and TenneT. Major energy users, such as Corus and DSM, also hold ENDEX shares.

On July 4, 2006, the European Energy Exchange (EEX) and ENDEX announced they would co-operate in the settlement of energy trading transactions[2] and created the ECC.

ENDEX said in its 2006 annual report[3] that the ECC should become the nucleus for further integration of the energy markets and exchanges.

Products and Services[edit]

Key People[edit]

References[edit]