Services to the Gas industry Providing services to the Gas industry Our references Customised Auction Design and Operation Algorithmic trading solutions EEXMarketsNatural GasServices to the Gas industry Providing services to the Gas industry In our natural gas markets, EEX provides services to Transmission System Operators (TSOs) to support their balancing activities. Based on TSO’s requirements, our services include auction design, new product definition, tailored index provision and others. Our references Within the Gas Industry, EEX performs customized and adaptable services to the following Transmission System Operators Auction platform designed to buy and sell fuel gas for natural gas compressor station Automatized mechanism programmed to buy or sell natural gas on the market in order to balance the market area Balancing mechanism aimed at buying or selling gas capacity in order to balance specific trading points on the PEG Nord and TRS networks MORE ABOUT GRTGAZ > Automatized mechanism programmed to buy or sell natural gas on the market in order to balance the market area EEX price file automatically provided to Teréga at regular intervals and used for the invoicing of imbalance MORE ABOUT TEREGA > Customised Auction Design and Operation Auctions are an efficient mean for selling off a good or matching supply and demand. Powernext has acquired a deep experience in designing and organizing electronic auctions in the energy sector. In April 2007, EEX introduced balancing solutions especially designed for GRTgaz. Two auctions are organized per day through which GRTgaz is able to buy or sell part of the gas needed to balance the transmission network. More information about Auction Design and Operations Algorithmic trading solutions In order to diminish operational risks, as well as organizational issues and costs, EEX has developed algorithmic trading solutions which provide, among other things, simple and efficient 24/7 balancing services. Based on rules and principles configured according to the TSOs’ requirements, these trading algorithms provide auditable reports of all order and trade data to both TSOs and regulators. Operations are monitored by EEX Market Operations, while the TSOs manage all features and parameters via a web interface. In order to construct the internal market for natural gas, efficient use of the interconnection capacity between market areas is vital, especially on congested interconnections. More information about Algorithms Local expertise in global commodity markets RELATED WEBSITES European Energy Exchange AG Augustusplatz 9, 04109 Leipzig, Germany t: +49 341 2156-0 a member of Privacy Notice Disclaimer Imprint Glossary We use cookies on our website. Some of these help to improve this website for your individual user experience, while others are fundamentally important to ensure that the content is correctly displayed. With the following statement, you can agree to the use of cookies. > Read the Privacy Policy INDIVIDUAL COOKIE SETTINGS