The final settlement prices for Power Futures are determined on the EPEX Spot SE Day-Ahead spot market after the last auction of the respective delivery period. Due to the seven days trading, situations can arise in which the auction for the last delivery day of the period takes place on a Saturday or a Sunday. As a result of this, either the expiry dates of the contracts concerned have to be adjusted in the EUREX system (scenario A) or, if required, a ma-nual balancing entry (scenario B) has to be carried out (see EEX Customer Information from 15 January 2014).
In December 2017 scenario B materialized: As the last delivery day of the affected contracts is a Sunday the adjustment of the expiry dates is not possible. For this reason, these contracts already expire in the EUREX system on Friday, as it has been the case so far. However, the final settlement prices can only be determined after the auction.
Thus, on 29 December 2017 the EEX determined preliminary final settlement prices for the following future contracts and adjusted them on 2 January 2018 as follows:
Product Month Future | Product ID | Contract | Currency | Final settlement price | |
Financial Power Futures | |||||
Phelix-DE/AT Baseload | F1BM | DEC17 | EUR | 30.77 | |
Phelix-DE/AT Off-Peak | F1OM | DEC17 | EUR | 23.67 | |
Phelix-DE/AT Baseload non-MTF | N1BM | DEC17 | EUR | 30.77 | |
French Baseload | F7BM | DEC17 | EUR | 56.77 | |
French Baseload non-MTF | N7BM | DEC17 | EUR | 56.77 | |
Italian Baseload | FDBM | DEC17 | EUR | 65.10 | |
Dutch Baseload | Q0BM | DEC17 | EUR | 46.48 | |
Belgian Baseload | Q1BM | DEC17 | EUR | 55.09 | |
Swiss Baseload | FCBM | DEC17 | EUR | 62.58 | |
Nordic Baseload | FBBM | DEC17 | EUR | 30.92 | |
Spanish Baseload | FEBM | DEC17 | EUR | 57.94 | |
Phelix-AT Baseload | ATBM | DEC17 | EUR | 30.77 | |
Phelix-DE Baseload | DEBM | DEC17 | EUR | 30.77 | |
PXE Hungarian Baseload | F9BM | DEC17 | EUR | 40.02 | |
Romanian Baseload | FHBM | DEC17 | EUR | 36.87 | |
PXE Polish Baseload | FPBM | DEC17 | EUR | 36.07 | |
UK Baseload | FUBM | DEC17 | EUR | 54.79 | |
PXE Czech Baseload | FXBM | DEC17 | EUR | 32.89 | |
PXE Slovakian Baseload | FYBM | DEC17 | EUR | 33.23 | |
Phelix-DE Baseload (non-MTF) | N2BM | DEC17 | EUR | 30.77 | |
Phelix-AT Baseload (non-MTF) | N3BM | DEC17 | EUR | 30.77 | |
Financial Power Futures Trade Registration | |||||
Greek Power | FFBM | DEC17 | EUR | 56.19 | |
Wind Power Month Future | |||||
German Austrian Wind Baseload | W1BM | DEC17 | EUR | 37.27 |
Final settlement prices are now available in the relevant files on the sftp server mis.eex.com and on the EEX website in accordance with the related EEX Customer Information from 2 January 2018.
Please reload the relevant files for trading date 29 December 2017 into your systems.
Please do not hesitate to contact EEX Market Information Services by phone +49 341 2156 288 if you have any further questions.
EEX - European Energy Exchange AG published this content on 03 January 2018 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 03 January 2018 15:09:01 UTC.
Original documenthttp://www.eex.com/en/about/newsroom/news-detail/action-required---final-settlement-prices-for-power-month-futures-december-2017/77880
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