EEX EXAM UPDATED ACTUAL QUESTIONS AND CORRECT ANSWERS

EEX EXAM UPDATED ACTUAL QUESTIONS AND
CORRECT ANSWERS

Question:
1. Exchange Management may verify at any time whether the business activities of an exchange
participant comply with the EEX Exchange Rules.
Answer:
True

Question:
2. The admission requirements of EEX are regulated in the Exchange Rules and linked to the Admission
Rules and Regulations.
Answer:
True

Question:
3. The general rules for trade purchases are set out in the Exchange Rules.
Answer:
False

Question:
4. According to the Exchange Rules, the tasks of the Exchange Management include the regulation of the
organisation and business operations of the Exchange.
Answer:
True

Question:
5. According to the Exchange Rules, the Exchange Council is responsible for surveillance of the daily
business of EEX.
Answer:
False

Question:
6. The Saxon Ministry of Economic Affairs, Labour and Transport is responsible for supervising EEX's
operations.
Answer:
True

Question:
7. The conditions for recording trade registration trades are specified in the Trading Conditions
Answer:
False

,Question:
8. Details of when a market area manager or transmission system operator may order the reduction of
schedules are described in the clearing conditions.
Answer:
True

Question:
9. The Code of Conduct defines the rules of conduct for participation in the Exchange Trader Examination.
Answer:
False

Question:
10. Which bodies monitor that prices determined by EEX conform to the rules?
A. Exchange Supervisory Authority
B. Exchange Council
C. Market Surveillance
D. Exchange Management
Answer:
c, d

Question:
11. For what reason(s) is Exchange Management allowed to take all necessary measures?
A. To get lower prices in the market
B. To get higher prices in the market
C. For the correct execution of trading
D. For the correct handling of the exchange transactions
Answer:
c, d

Question:
12. What is the purpose of the electronic trading systems used by EEX?
A. Conclusion of forwards and swaps contracts
B. Conclusion of non-standardised derivatives
C. Conclusion of standardised spot and derivative (futures/options) transactions
D. Registration of trade registration trades
Answer:
c, d

Question:
13. Which of the following exchange bodies are authorised to request information from and documents
submitted by exchange participants of EEX, as well as to carry out audits?
A. Market Surveillance
B. Exchange Management
C. Supervisory Board
D. Exchange Council
Answer:
a, b

, Question:
14. According to the Exchange Rules, which of the following prices are published by EEX?
A. Bid prices
B. Daily settlement prices
C. Prices of the last completed trades
D. Ask prices
Answer:
a, b, c, d

Question:
15. Who becomes the counterparty of an exchange participant in a trade in the Emissions spot market?
A. EEX
B. Clearing Member
C. ECC AG
D. ECC Lux S.a.r.l
Answer:
c

Question:
16. Who becomes the counterparty of an exchange participant in a trade on the gas spot market?
A. EEX
B. Clearing Member
C. ECC AG
D. ECC Lux S.a.r.l
Answer:
d

Question:
17. Who becomes the counterparty of an exchange participant in a derivatives market trade?
A. EEX
B. Clearing Member
C. ECC AG
D. ECC Lux S.a.r.l
Answer:
b

Question:
18. Prior to entering a cross trade into the trading system, it is always necessary to complete a cross trade
request
Answer:
False

Question:
19. The rules of the Exchange Trader Examination are described in the Admission Regulations
Answer:
True