- Trading Screen Product Name
- Japanese (Tokyo Area) Power Financial Base Futures
- Trading Screen Hub Name
- Tokyo Grid
- Contract Symbol
JTB
- Contract Series
Up to 156 consecutive monthly contracts, or as otherwise determined
by the Exchange. Quarterly, seasonal, calendar, and any period of
consecutive monthly contracts can be registered as a strip.
- Contract Size
1 MW per day in the contract period (i.e. month, quarter, season or
year) x 24 hours.
- Unit of Trading
1 MW
- Minimum Trading Size
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 JPY (¥) per kWh
- Minimum Price Fluctuation
0.01 Yen per kWh (¥ 0.01/kWh)
- Tick Value
Contract Size x Minimum Trade Size x Minimum Price Flux
- Last Trading Day
Month contracts will cease trading at the close of business one UK
Business Day prior to the last calendar day of the contract
delivery period.
Quarter, season, year and fiscal year contracts will cease trading
at the close of one UK Business Days prior to the first calendar
day of the delivery quarter, season, year or fiscal year.
- Settlement Month
Financially Settled.
- Cash Settlement Price
The cash settlement price of the contract is equal to the
arithmetic mean of the half-hourly prices from 00:00 JST to 24:00
JST of the day-ahead auction of the Japan Electric Power Exchange
(JEPX) for the market area Tokyo Area of all days within the
contract delivery period.
- Exchange Rulebook
ICE Futures Europe Rulebook
- MIC Code
- IFEU
- Clearing Venues
- ICEU