Caricamento in corso... Attendere.
Power Derivatives Futures - EPAD
| POWER FUTURES - EPAD | |
| Contract code | See Contract Specifications document in RELATED DOCUMENTATION |
| Unit of trading | 1 MW |
| Pricing unit/quotation (= price basis) | Euros per MWh |
| Minimum price movement (tick size and value) | 0.01 EUR |
| Introduction of new expiry months | The opening of a new contract will occur on the date set by the Exchange, in principle, on the first trading day following the expiration of a contract, in accordance with the schedule established by the Exchange. |
| Block trade services | Block Standard, Block NFC Auction, Block Historical |
| Euronext market | Amsterdam |
| Settlement (Delivery) | Cash settlement only |
| Delivery period | Delivery period as defined in the respective contract specifications (see Contract Specifications document in RELATED DOCUMENTATION) |
| Daily Settlement Price | Daily Mark-to market cash settlement on each Bank Day from the first trading Day until the contract's Expiration Day included |
| Exchange Delivery Settlement Price (EDSP) | The Exchange Delivery Settlement Price is determined by Euronext Amsterdam NV on the expiration day according to the methodology indicated below: By using the average of the applicable SDAC Nordic Bidding Zone/Area spot prices minus the applicable Nordic System Prices (spot prices) on each day published in the Delivery Period by the issuer (Nord Pool AS) of the relevant contract underlying. More details can be found in the Contract Specifications document in RELATED DOCUMENTATION |
| Clearing organization | Euronext Clearing |
| Delivery limits | Contract is cash settled and the delivery limits will be as for the standard contract position limits applicable pursuant to MiFID II framework. |
| Trading hours | COB: Monday - Friday from 08:00 - 16:00 CET. Opening auction order entry window: 07:30 - 08:00 CET. Block trade registration: Monday - Friday from 07:30 - 18:30 CET. |
| Trading platform | Optiq |
| Algorithm | Central Order Book applies a price-time trading algorithm, with priority given to the first order at the best price. |
| Last update | 14 AUG 2025 |