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Stock Ex­change Act

The MTU Electricity/Gas continuously analyses the electricity and gas markets and in doing so can detect indications of Stock Exchange Act (BörsG) violations on the European Energy Exchange (EEX).

Any further investigation of the suspicious cases detected by the MTU Electricity/Gas and any proceedings against the offender is carried out pursuant to the Stock Exchange Act by the competent stock exchange supervisory authority together with the stock exchange's trading surveillance office. In particular, they take account of improper trading conduct on the stock exchange, manipulations of the exchange price and non-compliance with the stock exchange rules and regulations (stock exchange regulations, code of conduct, conditions for trading with contract specifications, etc).

In Germany, the stock exchange trade in electricity and gas takes place on the EEX in Leipzig. Hence the competent stock exchange supervisory authority is the Saxon State Ministry of Economic Affairs, Labour and Transport (SMWA). More information can be found on the SMWA’s website.

Date of modification: 2015.01.15

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