Launch Dates for New Product, 1/10/04
Mon 11 Oct 2004
d-cypha SFE Electricity Caps and Calendar Strip Options
Base Load Quarterly $300 Cap Futures - 3/11/04
Options on Base Load Calendar Year Strip Futures Products - 5/11/04
d-cyphaTrade and SFE are pleased to announce that, subject to regulatory approval, the d-cypha SFE Cap Futures and Calendar Strip Option Contracts will be available for trading on the Sydney Futures Exchange from 9.00am on 3/11/04 and 9.00am on 5/11/04, respectively. The first contract month for Cap Futures to be listed shall be Quarter 1 2005, and the first Strip Option contract will be the 2006 Strip Option.
To assist with your preparations for the listing of this product, please refer to the following links which highlight:
Product Codes
http://www.d-cyphatrade.com.au/trading/product_codes
Headline Exchange Fees
http://www.d-cyphatrade.com.au/clearing/exchange_fees
Initial Margins
http://www.d-cyphatrade.com.au/clearing/margins
A summary of the Contract Specification for the new products
Cal Year Base Strip Option Contracts
http://www.d-cyphatrade.com.au/products/electricity_options/cal_strip_options
Quarterly Base $300 Cap Products
http://www.d-cyphatrade.com.au/products/electricity_options/quarterly_300_caps
The complete Individual Contract Specifications and Determinations which are applicable to the Individual Contract Specifications
http://www.d-cyphatrade.com.au/products/electricity_options
Determinations relating to Pre-negotiated Trading, Block Trading and Exchange for Physical (EFP) trading rules
http://www.d-cyphatrade.com.au/trading/trading_mechanism
A worked example of an exercised strip option - please refer to the pdf file at the bottom of the Cal Year Base Strip Option Contracts page
Should you have any queries regarding this announcement please contact the d-cyphaTrade Team.
Kind regards,