PEGAS is the central gas trading platform of EEX Group operated by Powernext. PEGAS provides its members with access to all products on one single platform and allows them to trade natural gas on 12 hubs in 10 countries. The product range of PEGAS covers spot and derivatives contracts for the major European gas hubs as well as trading in location and time spread products in between those market areas. In addition, it offers option products on the TTF hub and an LNG contract for the Asian market. This setup enables market harmonization and forms the preferred pan-European natural gas market.