Amendment to On-Screen Option Concession Scheme
Fri 30 Sep 2011
The On-screen Option Concession Scheme for Australian Electricity Options will be amended as follows: A 50% fee discount will be available via redemption, for Australian Electricity Options traded On-screen which were:
1. Low premium options: options traded with premiums of less than $0.21/MWh; or
2. Traded as an options spread. i.e. traded simultaneously with another Australian Electricity Option;
The 50% fee discount scheme will be available for 6 months from 1 October 2011 until 31 March 2012. The fee rebate is available via redemption at the end of the relevant quarter in which the trades occurred. Options traded via Block Trade and EFP will not be entitled to the 50% fee discount. The previous On-Screen Option Concession Scheme will not apply to option trades executed after 30 September 2011.
For further information and to download the On-Screen Option and Off-Peak Rebate Form please go to Administration of Concession Schemes.