You are at:
Home
› Trading Parameters and Parameters of Risk Management
Trading Parameters and Risk Management Parametres
|
Price in EUR |
Quotation step |
|
< 200,- |
0,01 EUR |
|
200 – 1.000,- |
0,10 EUR |
|
=>1.000 |
1,00 EUR |
|
Contract type |
Maximum allowed spread |
Permitted expansions of the maximum allowed spread |
|
Hour |
---
|
---
|
|
Month (Base Load / Peak Load) |
20% |
10% |
|
Quarter (Base Load / Peak Load) |
15% |
10% |
|
Year (Base Load / Peak Load) |
10% |
10% |
| Contract type |
Contract size |
|
Hour |
1 MW |
|
Month (Base Load / Peak Load) |
1 MW |
|
Quarter (Base Load / Peak Load) |
1 MW |
|
Year (Base Load / Peak Load) |
1 MW |
| Contract type |
Order size |
|
Hour |
no limit |
|
Month (Base Load / Peak Load) |
25 MW |
|
Quarter (Base Load / Peak Load) |
25 MW |
|
Year (Base Load / Peak Load) |
15 MW |
|
Parameter |
Obligation |
|
Minimum contract size |
Months - 10 MW
Quarters – 5 MW
Years – 5 MW |
|
Time |
75% of the Trading session
(+ 60 min lunch break) |
|
Maximum spread |
1 EUR for base load products
3 EUR for peak load products |
|
Type of Market Making |
Obligation |
|
General Market Maker |
2 Front Months, 2 Front Quarters, Front Year
Base Load and Peak Load |
|
Market Maker |
Front Month, Front Quarter, Front Year
Base Load only |
|
Specialist |
Concrete Contracts chosen by Specialist |
|
Futures margin parameters EUR / MWh |
|
Grid (TSO) |
CZ (ČEPS) |
SK (SEPS), HU (MAVIR) |
|
Futures |
Base |
Peak |
Base |
Peak |
|
Yearly |
2,7 |
3,5 |
2,9 |
3,7 |
|
Quarterly |
2,9 |
3,7 |
3,1 |
3,9 |
|
Monthly |
4,5 |
7,5 |
4,8 |
8,5 |
|
Delivery constant MWh |
|
Grid (TSO) |
CZ (ČEPS) |
SK (SEPS), HU (MAVIR) |
|
Futures |
Base |
Peak |
Base |
Peak |
|
Monthly M+0 physical |
144 |
48 |
144 |
48 |
|
Monthly M+0 financial |
72 |
24 |
72 |
24 |
|
Delivery coefficient |
|
Grid (TSO) |
CZ (ČEPS) |
SK (SEPS), HU (MAVIR) |
|
Futures |
Base |
Peak |
Base |
Peak |
|
Monthly M+0 |
2,2 |
2 |
2,2 |
2 |
|
Spot margin parameter EUR / MWh |
|
Grid (TSO) |
CZ (ČEPS) |
HU (MAVIR) |
|
Spot products |
Buy |
Sell |
Buy |
Sell |
|
Hourly contracts |
--- |
--- |
20 |
30 |
|
Daily products (Base, Peak) |
20 |
30 |
20 |
30 |
|
Coefficient OTC Price |
|
Grid (TSO) |
CZ (ČEPS) |
SK (SEPS), HU (MAVIR) |
|
Futures |
Base |
Peak |
Base |
Peak |
|
Yearly, Quarterly, Monthly |
0,7 |
0,7 |
0,7 |
0,7 |
|
Minimal initial margin deposit (EUR) |
|
Market maker |
550 000 |
|
Trading participant |
230 000 |
|
Coefficients L1 and L2 |
|
L1 - warning limit |
0,6 |
|
L2 - stop limit |
0,8 |