The customer The European Energy Exchange (EEX) is the energy exchange for the German market. The EEX is located in Leipzig and is aiming to become the leading energy exchange in central Europe. It is planned to trade other forms of energy – besides power contracts – on the EEX in the future. This range will be enhanced by exchange services such as OTC-Clearing. The challenge Trading on EEX started in 1999 and has since seen a period of steady growth. EEX’s strategy of expansion meant that step-by-step the technical solution for their spot auction trading has reached its functional constraints. An extension past its current operational limits would have entailed considerable investment risks. To gain flexibility for being on the active side in the recently started consolidation process of energy markets in Europe, EEX was looking for a reliable partner to handle their operational issues and to help them refocus on their core business. Our approach We integrated EEX’s spot auction market in our Xetra® & Eurex® BPO model. Thus, EEX was able to participate in the economies of scale we had already achieved by operating more than 15 other exchanges worldwide. The BPO model covers all IT (ASP-model) for the cash and derivatives market, the connection of trading and clearing members as well as helpdesk and market supervision support functions. The solution EEX is on the best way to becoming the leading energy exchange in Europe. Our mainly volume-based price model also helped EEX to gain flexibility, a prerequisite for successful growth. “With this step, EEX offers a systems environment with long term stability. This creates a solid base for investment decisions of participants, clearing banks and other service providers. Also, it ensures sharing the permanent technological advances of the internationally leading trading system”
Dr. Hans-Bernd Menzel, chairman of the EEX-board Back to the reference page. | 
