Upcoming Options Launch - Calendar Strip Options and Cap Products, 16/09/04
Mon 11 Oct 2004
d-cypha SFE Electricity Options - Contract Specifications
d-cyphaTrade is pleased to announce the contract specifications for the upcoming options launch, due 4th quarter 2004. These products are currently awaiting final regulatory approval before a firm launch date can be confirmed.
- Cal Strip Options enable enhanced risk management flexibility and a transparent benchmark for option volatility measurement.
- Cap products will provide the market with quarterly forward curve out 2 years. These products also deliver substantial collateral efficiencies due to no upfront premium and SPAN based margining.
Details of specifications include:
- Options on Calendar (Cal) Year Base Load Strip Futures Products
- Quarterly Base Load $300 Caps
- 1st Quarter Peak Options Contracts (already listed)
Should you have any queries regarding this announcement please contact the d-cyphaTrade Team.
Kind regards,
The d-cyphaTrade Team