The European Energy Exchange (EEX) and European Commodity Clearing AG (ECC) will start providing their natural gas trading and clearing services to the Baltic and Finnish market areas, currently traded at GET Baltic, as of Tuesday 9 September 2025. With just over a month remaining until this transition, GET Baltic exchange clients have been informed about the termination of contracts with GET Baltic.
Within the EEX Group, GET Baltic will remain the key center of competence for the further development of gas markets in the Baltic States and Finland and will ensure close cooperation with customers on site.
Gas trading on the GET Baltic exchange will discontinue at 5:30 EE(S)T on 9 September. The last product for trading is scheduled for delivery on 8 September. At 9:00 EE(S)T on 9 September trading spot and futures products with physical delivery as well as time spreads and geographical spreads between Baltic and Finnish markets and other gas market areas (TTF, THE, CEGH VTP, ETF, PEG) will be enabled at EEX trading platform environments.
Important information for customers
Trading closure at GET Baltic: 9 September 2025 at 5:30 EE(S)T
Last tradable delivery day at GET Baltic: 8 September 2025
Historical data accessibility: Historical trading data will remain available on GET Baltic website
Sending of EEX Admission Letters: Admission letters will be sent to all approved participants on 9 September 2025
Trading systems access: Trading accounts will be created, and login credentials will be sent between mid-August and 9 September. With the receipt of production log in credentials, members will have a possibility to input withheld orders to test connection and order entries to the spot trading system before the go-live. Withheld orders are only visible for the member entering or modifying them and will not be matched.
Trading limits:
- DCP members: To participate in trading on EEX as of 9 September, respective trading limit must be fully covered by collateral provided to ECC. Please ensure that the required forms for collateral provision (Form O10) and, if applicable, the definition of base limits (Form O09) are submitted to ECC no later than 1 September. You can find the forms on the ECC website: https://www.ecc.de/en/access/admission-forms
If you have any questions, our ECC Direct Clearing team will be happy to assist you: [email protected]
- NCM members: Please ensure that any limit-related inquiries are coordinated directly with the Clearing Bank in advance before 9 September. You can view your assigned trading limit by logging into the SMSS Member Area
EEX spot and futures market trading opens: 9 September 2025 at 9:00 EE(S)T
First delivery day at EEX (spot market): 9 September 2025
First tradable futures products at EEX per maturity group: October 2025, Q4 2025, Winter 2025, Year 2026
Operational Support at EEX:
- In case of login or trading issues, contact the EEX Gas Market Operations:
Email [email protected]
Phone: +33 1 73 03 96 24 (available 24/7)
Other Support Contacts:
EEX Product offering
As previously announced, the product portfolio will comprise products for the gas spot (Within-Day, Day, Saturday, Sunday, Weekend, Bank Holiday) and derivatives (Month, Quarter, Season, Year) for Lithuania, Latvia-Estonia common market area and Finland. In addition, EEX will enable location spread trading between these markets and selected pan-European gas markets, which are already available at EEX. ECC will assume clearing and settlement functions for all product transactions. In addition to that, please note that ECC DCP fee holiday will be offered until 30 September 2026.
Detailed descriptions of the contracts are available in this fact sheet for your convenience, however the EEX Contract Specifications and of the EEX Rules and Regulations always prevails.
The product offering for Baltic-Finnish markets will comprise:
|
Spot Products |
Futures Products |
ECC CODE (Futures) |
LTU |
WD (Within-Day)
DA (Day-Ahead)
WE (Weekend)
SAT (Saturday)
SUN (Sunday)
BH (Bank Holiday)
ID (Individual Day) |
Next 12 months
Next 11 Quarters
Next 11 Seasons
Next 6 Years |
GLBM, GLBQ, GLBS, GLBY |
LVA-EST |
GTBM, GTBQ, GTBS, GTBY |
FIN |
GFBM, GFBQ, GFBS, GFBY |
Spread orderbooks made available for trading:
Market Area |
LTU |
LVA-EST |
FIN |
TTF (Master area) |
Spot Day, Futures |
Spot Day, Futures |
Spot Day, Futures |
THE (Master area) |
Spot Day, Futures |
Spot Day, Futures |
Spot Day, Futures |
CEGH VTP (Master are) |
Spot Day, Futures |
Spot Day, Futures |
Spot Day, Futures |
PEG (Master Area) |
Within-Day, Spot Day, Futures |
Within-Day, Spot Day, Futures |
Within-Day, Spot Day, Futures |
ETF (Master Area) |
Spot Day, Futures |
Spot Day, Futures |
Spot Day, Futures |
FIN (Master area) |
N/A |
Futures Only
(Spot spread for ICA only) |
N/A |
LTU (Master area) |
N/A |
Futures Only
(Spot spread for ICA only) |
Futures Only |
Implicit Capacity Allocation
EEX will introduce the Implicit Capacity Allocation (ICA) on Baltic and Finnish spot markets to create a venue for TSOs to allocate transmission capacity rights to shippers directly when trading, whereby overall market liquidity is increased.
When this allocation method is applied, both cross-border transmission capacity and a corresponding quantity of purchased gas are allocated at the same time through EEX.
ICA will use dedicated spread orderbooks (LVA-EST/LTU and LVA-EST/FIN) to include the dedicated capacities of the Balticconnector and Kiemenai interconnection points and determine the best price across all VTPs in the Baltic-Finnish gas markets, considering the associated transportation costs. These spread orderbooks will not be available for regular trading, as they are reserved for ICA cross-border order matching.
The ICA opening and closing times for the interconnection points are the following:
Contract |
ICA Opening Time |
ICA Closing Time |
Delivery Day |
Spot Day |
D* at 10:00 EE(S)T |
D at 14:59:59 EE(S)T |
D+1** from 7:00 EE(S)T |
Within-Day |
D at 3:00 EE(S)T |
D+1 at 02:59:59 EE(S)T |
D from 7:00 EE(S)T |
* D represents the current calendar day
** D+1 indicates the following calendar day
For more information about the Implicit Capacity Allocation, please visit EEX TV to view a full presentation of the market feature.
Please note that trades involving ICA will be subject to specific cancellation rules which will be published on www.eex.com in due time before the launch.
Market Data Services
Baltic and Finnish markets will be integrated into the EEX reference prices and indices and will be published at the standard times along with the other existing data.
Information to help you integrate the data into your systems can be found in the preparatory information for the launch of EEX Baltic-Finnish market data in EEX Group DataSource Products on EEX website.
If you require any additional information related to the cut-over, GET Baltic team is happy to assist with any queries you may have.
Contact us: [email protected]