d-cypha SFE Electricity Product Announcement, 27/07/04
Tue 27 Jul 2004
- Block Trades on Q1 Peak Options - Block Trade & EFP Fees - De-listing of Q1 Base Options
Block Trades in Peak Period Quarter 1 Electricity Options
Effective immediately Block Trades for the Peak Period Quarter 1 Electricity Options will be available for deals equal to or greater than 15 lots. Rules and registration requirements regarding Peak Period Quarter 1 Options are as per standard Block Trades processes.
Block Trade and EFP Fees for d-cypha SFE Electricity Contracts
Effective 28th July 2004 the registration fee for d-cypha SFE Electricity contracts will be reduced as detailed below.
- Exchange for Physicals (EFP)= $30.00+gst per leg per side (previously $100.00 per leg per side)
- Block Trades = $30.00+gst per leg per side (previously $100.00 per transaction)
The standard Trading and Mandatory Settlement Fees per contract remain unchanged.
For the purpose of clarity, the EFP and Block Trade Transaction Fees are applicable per leg per side irrespective of the number of contracts traded per leg.
d-cypha SFE Base Load Quarter 1 Electricity Option Contracts
Participants are advised that effective 29th July 2004 the d-cypha SFE Base Load Q1 Electricity Option Contracts will be de-listed.