Italian power quarterly futures
Characteristic |
Description |
Underlying |
Baseload: one Megawatt (MW) supplied during the delivery period |
Trading hours |
Continuous trading: 9.00am - 5.30pm CET |
Settlement |
“Cascading” method |
Quotations |
€/MWh |
Tick size (in €/MWh) |
On-book trading: 0.01 |
Contract size |
Future price x number of hours in the delivery period |
Tradable expiries |
The first 4 quarterly expiries |
Expiry day |
Last day of the delivery quarter |
Last trading day |
The fourth trading day before the start of the delivery period |
Cascading |
End of last trading day |
Strategies |
FLEXCO |
Unusual Contract Size
Where contracts have been affected by recent corporate actions resulting in currently tradable contracts being of a non-standard contract size, this information can be found in the document on this page.