- Trading Screen Product Name
- Belgian Power Base Load Futures
- Trading Screen Hub Name
- ELIA
- Contract Symbol
BPB
- Contract Series
Up to 156 consecutive monthly contracts, or as otherwise determined
by ICE Endex. Quarterly, seasonal, calendar, and any period of
consecutive monthly contracts can be registered as a strip.
- Contract Size
1 MW x days in the contract period (i.e. month, quarter, or year) x
23, 24 or 25 hours (summer / wintertime).
- 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 ELIA before
13:00 (CET)
on each day prior to the commencement of the delivery
period.
Delivery takes place in megawatt per quarter hour.
The EDSP will be the end of day Settlement Price on the day the
contract expires.
- MIC Code
- NDEX
- Clearing Venues
- ICEU