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