EEX to launch daily natural gas futures across four European hubs

The European Energy Exchange (EEX) plans to introduce daily natural gas futures on four major European gas hubs, offering traders a new tool for managing short-term price exposure. These new contracts will debut on EEX's T7 futures trading platform on November 23, 2026, covering the Dutch TTF, German THE, Austrian CEGH VTP, and French PEG hubs.

The daily maturity of these contracts will provide greater precision in trading natural gas prices compared to current options. Additionally, a new Day-Month spread functionality will offer fresh opportunities for relative-value trading. Steffen Köhler, EEX's chief commercial officer, stated that the contracts will complement EEX's existing physical and financial natural gas futures, enabling participants to craft more precise trading strategies.

The spread product may prove especially valuable during the replenishment of European gas storage facilities before the winter demand season, according to EEX. EEX currently provides physically settled natural gas futures with maturities ranging from one month to several years, alongside financially settled contracts tied to the EGSI index.

The daily futures mark the latest expansion of the exchange's short-term gas trading offerings, building upon recent advancements in EEX's spot-market products, including the launch of the EEX530 index and Trade-at-Index functionality. The new contracts aim to equip market participants with more tools for addressing short-term gas price risk in some of Europe's key trading hubs, while also expanding opportunities for spread and relative-value strategies.