- Trading Screen Product Name
- French Power Financial Peak Daily Futures
- Trading Screen Hub Name
- French Grid
- Contract Symbol
DFA
- Contract Series
Up to 92 consecutive daily contracts or as otherwise determined and
announced by ICE Endex from time to time. All Daily Products are
strips of one or more daily contracts and are listed in parallel.
7 consecutive days.
5 consecutive weekends. Weekends are strips of 2 consecutive daily
contracts (Saturday and Sunday).
5 consecutive weeks.
Weeks are strips of 7 consecutive daily contracts (Monday through
Sunday)
- Contract Size
1 MW per day in the contract period (i.e. day or week) x 12 hours.
- Unit of Trading
1 MW
- Minimum Trading Size
Futures: 1 lots = 1 MW
Exchange for Physical (EFP): 1 lot = 1 MW
Exchange for Swap (EFS): 1 lot = 1 MW
Block Order: 1 lot = 1 MW
- Price Quotation
The contract price is in Euros and Euro cents per MWh.
- Minimum Price Fluctuation
1 Euro Cent per MWh (€0.01/MWh)
- Tick Value
Contract Size x Minimum Trade Size x Minimum Price Flux
- Last Trading Day
Trading will cease at the close of business on the Business Day
prior to the delivery day, except when the delivery day is the day
after a non-Business Day, in which case trading will cease at the
close of business on the first Business Day after the non-Business
day. Trading of Weekend contracts will cease at the close of
business on the Business Day prior to the delivery period.
Trading of Week contracts will cease at the close of business on
the last Business Day before the delivery period
- Settlement Method
Financially Settled
- Cash Settlement Price
The cash settlement price of the contract is equal to the
arithmetic mean the hourly prices of each hour between 08:00 (CET)
and 20:00 (CET) of the French Day-Ahead auction, for each day,
excluding weekends and regardless of public holidays, throughout
the contract period.
- Exchange Rulebook
- MIC Code
- NDEX
- Clearing Venues
- ICEU