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Product Specifications

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Product Specifications

An active Spot Market membership enables the trader to trade Within-Day, Day Ahead and Weekend contracts.

  • Within - Day contracts:
    • Tradable on a 24/7 basis without interruption
    • Combination of Continuous trading and Auction trading
    • Rest of day product with a lead time of  3 hours based on the next full hour to 6 a.m. (d or d+1)
    • Minimum contract size of 1 MWh/h or multiple
    • All concluded deals will nominated from ECC on your behalf.

 

  • Day Ahead and Weekend contracts:
    • Day Ahead, Weekend and Saturday and Sunday contracts are tradable on 24/7 basis
    • Trading of the respective delivery period is offered one day before (d+1). Trading of the weekend contract, delivery gas day Saturday and Sunday, is offered on Thursday and Friday.
    • Minimum contract size is 1 MWh/h or multiple, all contracts will be delivered as a base load product.

 

Overview:

 

 

Next Hour Contract

Within-Day Contract

Day Ahead Contract

Gas product type

Base load

Base load

Base load

Delivery point

VTP Austria

VTP Austria

VTP Austria

Settlement

Next hour with a lead
time of 3 hours based on the next full hour

Rest of day with a lead time of 3 hours based on the next full hour to 06:00 am (d or d+1)

Physical delivery from 06:00 am (d+1) to 06:00 am (d+2)

Trading hours

24/7

24/7

24/7

Price units

EUR/MWh

EUR/MWh

EUR/MWh

Minimum price change

0.025 EUR/MWh

0.025 EUR/MWh

0.025 EUR/MWh

Minimum trade size

1 MWh

1 MWh

1 MWh

Single sided nomination

BY ECC, counter party nomination done by CEGH on behalf of exchange member

BY ECC, counter party nomination done by CEGH on behalf of exchange member

BY ECC, counter party nomination done by CEGH on behalf of exchange member

 

 

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