Central Europe Gas Hub
|Headquarters:||Floridotower, Floridsdorfer Hauptstrasse 1, 1210 Vienna, Austria|
|Date of foundation:||Spot Market: 11 December 2009
Futures Market: 10 December 2010
|CEO and Chairman:||Gottfried Steiner|
|Traded commodities and traded volumes in 2015:||Wiener Börse
Spot Market: 22,968 TWh
Futures Market: 3,511 TWh
Total Volumes: 26,479 TWh
Czech Gas Exchange
Spot Market: 1,584 TWh
Futures Market: 1,594 TWh
Total Volumes: 3,178 TWh
|Current number of employees (April 2016):||17|
History of Central European Gas Hub AG:
CEGH started its business in October 2005 by establishing the OTC Market in Austria. In 2009 the CEGH Gas Exchange of Wiener Boerse was launched, and in 2013 the CEGH Czech Gas Exchange started operation in cooperation with PXE. Since 2013, CEGH also has been the operator of the Virtual Trading Point (VTP) in Austria.
The unique combination of OTC and exchange services turns CEGH into a one-stop-shop for gas traders and makes it one of the leading gas hubs in Central Europe. CEGH’s key success factors are its reliability, flexibility and outperforming customized technology combined with its knowledge of the liberalized gas markets. By constantly improving its technology and by responding to regulatory and market changes, CEGH will offer an even more attractive marketplace to its customers.
History of CEGH Gas Exchange
The CEGH Gas Exchange in Austria was launched on 11 December 2009 in cooperation with Wiener Boerse, with the opening of a Spot Market. One year later, on 10 December 2010, the Futures Market was launched. In December 2013 CEGH started the CEGH Czech Gas Exchange together with Power Exchange Central Europe (PXE) with the launch of a Futures Market. On 4 May 2015 the partners opened a Spot Market.