July 2008 volume record set - Options trade 90% of physical
Fri 1 Aug 2008
d-cypha SFE Electricity Futures & Options volume record set, July 2008
A record level of trading liquidity was recorded in the d-cypha SFE Electricity Futures and Options market during July 2008. Futures and options trading was the equivalent of 40.5 million MWh (225% of underlying July physical electricity consumption).
Please see the volume chart online to view historical monthly traded MWh volume in comparison to underlying physical demand.
Options trading singlehandedly accounted for the equivalent of 90% of underlying physical market consumption. Over 16 million MWh of 2009 options traded, equaling an unprecedented level of 89% of underlying 2009 futures volume. 2009 option Open Interest climbed to 30.4 million MWh.
d-cyphaTrade runs Electricity Options Trading Workshops. The next Options Trading Workshop will be held on the 4th of September in Sydney (inhouse training workshops for 8 or more attendees available on request). For more information please go to Training or call a member of the d-cyphaTrade Team on 1800 330 101.