Average Rate Options Over Australian and New Zealand Base Load Electricity Futures Contracts – change to the minimum number of
Tue 4 Dec 2018
As per ASX Notice 1378.18.12 ASX wishes to advise participants for each of the following Contracts, the minimum number of Calendar Quarters that are listed for trading will be changed from eight (8) to six (6):
- Average Rate Options Over Australian Base Load Electricity Futures Contracts – Calendar Quarter (NSW, VIC, QLD, SA)
- Average Rate Options Over New Zealand Base Load Electricity Futures Contracts – Calendar Quarter (Benmore, Otahuhu)
The changes will take effect on 28 December 2018 which will result in no new expiries being listed for trading in these Contracts on 31 December 2018 and 31 March 2019.
The changes are being made to reflect the limited trading activity in Calendar Quarters 7 and 8 of these Contracts for an extended period.
Please see amendments to the ASX 24 Operating Rule Procedures here.
What do I need to do by when?
The notice is provided by way of information only and there is no action required by Participants.
Need more information?
Helen Lofthouse – Executive General Manager, Derivatives and OTC Markets
+61 (02) 9227 0900