- Trading Screen Product Name
- Japanese (Tokyo Area) Power Financial Peak Futures
- Trading Screen Hub Name
- Tokyo Grid
- Contract Symbol
JTC
- 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 12 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
Trading will cease at the close of business one UK Business Day
prior to the last Business Day of the contract delivery period.
Quarter, season, year and fiscal year contracts will cease trading
at the close of one UK Business Day prior to the first calendar day
of the delivery quarter, season, year or fiscal year.
- Settlement Month
Financially Settled.
- Cash Settlement Price
A financially settled peak load monthly futures contract based upon
the half-hourly prices from 08:00 JST to 20:00 JST of the day-ahead
auction of the Japan Electric Power Exchange (JEPX) for the market
area Tokyo Area for each day, excluding weekends and public
holidays, throughout the contract period.
- Exchange Rulebook
ICE Futures Europe Rulebook
- MIC Code
- IFEU
- Clearing Venues
- ICEU