Bringing you live news and features since 2006 

EEX Tobias Paulun

EEX and Powernext non-MTF markets to be transferred into OTFs in line with MiFID II


With the enforcement of MiFID II on 3 January 2018, EEX and Powernext will transfer their non-MTF offering for power and natural gas into Organised Trading Facilities (OTFs).

The implementation is subject to approval by the respective competent authorities. The existing regulated markets of the exchanges remain unchanged.
“Like the existing Non-MTF markets operated by EEX and Powernext, the new OTF offering will provide a solution for market participants wanting to trade power and gas contracts with the characteristics ‘can’ or ‘must be physically settled’ on a discretionary trading venue, while preserving the high level of transparency and supervision which are currently in place for the regulated markets of EEX Group,” says Dr Tobias Paulun (pictured), Chief Strategy Officer of EEX. “The OTF markets enable participants who wish to fulfil their positions physically to trade without fulfilling requirements that had been originally designed for financial markets.”
Within the transition, all current Non-MTF products will become OTF products. EEX and Powernext will list financial as well as non-financial instruments on the OTF markets. Products on the OTF which “can be physically settled” will be classified as financial instruments while products which “must be physically settled” will be classified as non-financial instruments according to MiFID II, the latter being exempt from certain obligations of MiFID II and other financial regulations.

Latest News

BlackRock’s global ETP flows report for June finds a steady rise with USD128.1 billion added to global ETPs in June,..
Morningstar’s global ETF flows report for the first half of 2024 shows that actively managed ETFs have captured 25 per..
The surge in bitcoin ETF launches and funds flowing into the sector is transforming institutional investment in digital assets but..
LSEG Lipper’s latest research finds that the majority of actively managed funds and ETFs globally were not able to beat..

Related Articles

Chris Lo, Columbia Threadneedle
In a recent insight on India by Columbia Threadneedle Investments, the firm reports that the country’s economic reforms, which aim...
With an election on the horizon in the United States a group of ETFs is poised to capture investments on...
Robot worker
Qraft Technologies, based in South Korea, specialises in the use of AI in security selection and portfolio construction....
Andrea Busi, Directa SIM
Romain Thomas talks to Andrea Busi (pictured), CEO of Directa SIM, who explains why the online trading platform has just...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by