- Trading Screen Product Name
- Any Renewable Tech GO Futures
- Trading Screen Hub Name
- AIB
- Contract Symbol
GOZ
- Contract Series
Up to 3 January contracts or as otherwise determined and announced
by ICE Endex from time to time.
- Contract Size
One lot of 1,000 EECS Any Renewable Tech Guarantee of Origin, where
one Guarantee of Origin equals 1 MWh.
- Unit of Trading
Any EECS Any Renewable Tech GO issued under Principles and Rules of
Operation of the Association of Issuing Bodies (AIB) for the EECS
(EECS Rules) in the country where the GO is issued, and which has
the meaning given to ‘Guarantee of Origin’ under
Article 2 and Article 19 of EU Directive 2018/2001 of the European
Parliament and is issued in response to a request from a producer
of electricity from Renewable sources.
All deliverable EECS Any Renewable Tech GOs must be issued by an
Authorised Issuing Body (as defined in the EECS Rules) that is
connected to the AIB grid as announced by ICE Endex from time to
time.
All deliverable EECS Any Renewable Tech GOs must be valid in
accordance with C6 of the EECS Rules.
For a January contract only EECS Any Renewable Tech GOs generated
between February and December of the previous calendar year are
eligible for delivery.
- Minimum Trading Size
Futures:1 lot = 1,000 Any Renewable Tech GOs
Exchange for Swap: 10 lots = 10,000 Any Renewable Tech GOs
Block Order: 10 lots = 10,000 Any Renewable Tech GOs
- Price Quotation
The contract price is in Euros and Euro Cents per MWh
- Minimum Price Fluctuation
1 Euro Cent per MWh (€0.01 per MWh)
- Tick Value
€10.00 per lot.
- Last Trading Day
Trading will cease at the close of business 3 business days prior
to the last business day of the contract month.
- Settlement Method
Physical Delivery
- Exchange Delivery Settlement Price
The EDSP shall be the Settlement Price established by ICE Endex at
the end of the closing period on the last day of trading for the
relevant delivery month.
- Delivery Terms
Each Clearing Member with a position open at cessation of trading
is obliged to make or take delivery of GOs to or from an account in
an AIB registry (as defined in the EECS Rules) in accordance with
the Rules.
The physical delivery of GOs is to be made by means of a transfer
of GOs from an AIB registry account of the Seller to the AIB
registry account of the Clearing House, and from the AIB registry
account of the Clearing House to an AIB registry account of the
Buyer, in accordance with any applicable delivery requirements
under the EECS Rules.
- MIC Code
- NDEX
- Clearing Venues
- ICEU