- Trading Screen Product Name
- Dutch Power Base Load Week Futures
- Trading Screen Hub Name
- TenneT
- Contract Symbol
DPW
- Contract Series
"Up to the front 4 individual week contracts.
Weeks are strips of seven individual and consecutive days from
Monday to Sunday. "
- Contract Size
1 MW x days in the contract period x 23, 24 or 25 hours .
- Unit of Trading
1 MW
- Minimum Trading Size
"Futures: 1 lots = 1 MW
Exchange for Physical (EFP): 1 lot = 1 MW
Exchange for Swap (EFS): 1 lot = 1 MW
Block Order: 1 lot = 1 MW "
- Quotation
The contract price is in Euros and Euro cents per MWh
- Minimum Price Fluctuation
1 Euro Cent per MWh (€0.01/MWh)
- Tick Value
Contract Size x Minimum Trade Size x Minimum Price Flux
- Last Trading Day
Trading will cease at the close of business two Business Days prior
to the first calendar day of the delivery period.
- Settlement Method
Physical Delivery
- Settlement Price
Will be the end of day Settlement Price on the Last Trading Day of
the contract
- Delivery/Settlement Terms
Matching Acquiring and Disposing Trade Nominations (buyer from
ICEU, seller to ICEU) are input by buyer, seller and ICEU to TenneT
before 13:00 (CET) on each day prior to the commencement of the
delivery period. Delivery takes place in kilowatt per quarter
hour.
- MIC Code
- NDEX
- Clearing Venues
- ICEU