ELECTRICITY TRADING SUMMARY FOR THE WEEK ENDING MONDAY 02/07/2018

Weekly Highlights*

  • CY 19 mostly declined over the week
    • NSW = $74.59 (down $0.63)
    • VIC = $79.96 (down $1.42)
    • QLD = $65.67 (down 0.07)
    • SA = $88.92 (up $1.05)
  • Q3 18 followed the same downward trend
    • NSW = $79.50 (down $4.75)
    • VIC = $81 (down $5)
    • QLD = $71.54 (down $3.46)
    • SA = $89.25 (up $0.75)
  • Q4 18 dropped this week as well
    • NSW = $70.50 (down $3.25)
    • VIC = $73.00 (down $3.50)
    • QLD = $67.94 (down $2.89)
    • SA = $80.00 (up $0.50)

This weeks distribution of volume by region: NSW 14%, QLD 22%, VIC 59% and SA 5%.

Overall Open Interest has increased by 427 lots. Futures rose by 332 to 42,104 lots and Options increased by 95 to 13,030 lots.

Weekly Volume*^

  • Face Value of electricity traded this week = $497.4 million
  • Futures contracts traded this week (including Cap futures) = 2,722
    • Base Months = 0
    • Base Quarters = 1,948
    • Peak Quarters = 60
    • Base Cap Quarters = 714
  • Quarterly Average Rate Options traded this week = 100
  • Calendar Year Options traded this week = 160 (640 quarterly equivalent contracts)
  • Financial Year Options traded this week = 30 (120 quarterly equivalent contracts)
  • Volume of EFP this week = 0
  • Volume of Block Trades this week = 838
  • Total MWh traded this week = 7.78m MWh
  • Open Interest (including caps and options) = 55,134 contracts (representing 145.2 million MWh and a face value of $9.202 billion approx.)

Monthly Volume*^

  • FY 17/18 average daily volume = 608
  • FY 16/17 average daily volume = 710
  • FY 15/16 average daily volume = 705
  • FY 14/15 average daily volume = 812
  • FY 13/14 average daily volume = 702
  • FY 12/13 average daily volume = 637
  • Jul 18 volume to date = 635 / avg daily volume = 635
  • Jun 18 total volume = 21,906 / avg daily volume = 1,043
  • May 18 total volume = 16,292 / avg daily volume = 708
  • Apr 18 total volume = 11,632 / avg daily volume = 612
  • Mar 18 total volume = 13,112 / avg daily volume = 642
  • Feb 18 total volume = 11,181 / avg daily volume = 559
  • Jan 18 total volume = 12,593 / avg daily volume = 572
  • Dec 17 total volume = 6,475 / avg daily volume = 340
  • Nov 17 total volume = 12,700 / avg daily volume = 577
  • Oct 17 total volume = 11,237 / avg daily volume = 510
  • Sep 17 total volume = 14,994 / avg daily volume = 714
  • Aug 17 total volume = 10,276 / avg daily volume = 446
  • Jul 17 total volume = 11,996 / avg daily volume = 571
  • Jun 17 total volume = 11,817 / avg daily volume = 537
  • May 17 total volume = 16,637 / avg daily volume = 723
  • Apr 17 total volume = 11,547 / avg daily volume = 642
  • Mar 17 total volume = 13,800 / avg daily volume = 600
  • Feb 17 total volume = 25,211 / avg daily volume = 1,261
  • Jan 17 total volume = 15,608 / avg daily volume = 743
  • Dec 16 total volume = 12,300 / avg daily volume = 615
  • Nov 16 total volume = 24,280 / avg daily volume = 1,104
  • Oct 16 total volume = 13,128 / avg daily volume = 625
  • Sep 16 total volume = 15,358 / avg daily volume = 698
  • Aug 16 total volume = 13,309 / avg daily volume = 579
  • Jul 16 total volume = 8,643 / avg daily volume = 412
  • Jun 16 total volume = 17,453 / avg daily volume = 793
  • May 16 total volume = 16,758 / avg daily volume = 762
  • Apr 16 total volume = 11,788 / avg daily volume = 575
*all contracts are 1 MW calendar quarter equivalent

^volume includes futures trades which result from option exercise, face value of options calculated at strike price

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Chart Futures, Caps and Options VolumeChart Futures, Caps and Options Volume

Futures and Caps Open Interest - Peak=Futures, Base=Futures+Caps - as at COB Mon 2 Jul 2018

  NSW VIC QLD SA
  Peak Base Peak Base Peak Base Peak Base
Jul 2018 - 120 - 0 - 0 - 31
Aug 2018 - 15 - 0 - 0 - 31
Sep 2018 - 60 - 20 - 0 - 31
Oct 2018 - 0 - 0 - 0 - 0
Nov 2018 - 0 - 0 - 0 - 0
Dec 2018 - 0 - 0 - 0 - 0
Q32018 157 1,790 180 1,954 101 1,695 2 301
Q42018 135 1,446 179 2,014 120 1,805 0 296
Q12019 66 1,289 52 1,571 117 1,679 2 374
Q22019 43 1,409 44 1,585 76 1,216 0 132
Q32019 15 1,222 37 1,237 45 1,019 0 106
Q42019 11 1,060 35 992 45 908 0 113
Q12020 17 722 1 646 20 990 0 33
Q22020 17 712 0 466 20 611 0 33
Q32020 4 329 0 295 0 231 0 33
Q42020 4 319 0 279 0 223 0 33
Q12021 0 11 0 55 0 76 0 25
Q22021 0 10 0 50 0 76 0 25
Q32021 0 0 0 0 0 5 0 0
Q42021 0 0 0 0 0 5 0 0
Q12022 0 0 0 0 0 0 0 0
Q22022 0 0 0 0 0 0 0 0
Total 469 10,514 528 11,164 544 10,539 4 1,597

Options Open Interest As at COB Mon 2 Jul 2018

  NSW VIC QLD SA
Sep 2018 765 487 500 0
Dec 2018 525 717 830 0
Mar 2019 210 560 500 0
Jun 2019 100 200 250 0
Sep 2019 100 230 100 0
Dec 2019 150 420 100 0
Mar 2020 0 150 0 0
Jun 2020 0 0 0 0
Cal 2019 754 885 941 65
Fin 2020 120 275 630 0
Cal 2020 30 95 110 0
Fin 2021 0 0 225 0
Cal 2021 0 0 25 0
Fin 2022 0 0 0 0
Total 2,754 4,019 4,211 65