Intraday market with delivery on the French TSO zone

 

Size

The minimum volume increment is 1 MW.

Tick

The minimum price increment is EUR 0.01 per MWh.The price range comprises -9 999 € to 9 999 €.

Underlying

Electricity traded for a delivery on the same or on the following day on single hours or on block of hours. Each hour or block of hours can be traded until 45 minutes before delivery begins. Starting at 3.00pm on the current day, all hours of the following day can be traded.

Standardised block orders

• Block 1-24 covering hours 1 to 24,
• Block 9-20 covering hours 9 to 20, 

Members also have the possibility to submit user-defined blocks linking several consecutive hours of their choice.

Type of orders

• Limit orders
• Market Sweep Orders

With execution restrictions: “Immediate-or-cancel” (IOC), “Fill-or-kill” (FOK), “All-or-none” (AON) or “Iceberg”

Place of Delivery

Deliveries are made within the French transmission system managed by RTE.

Trading hours

Trading is continuous 7 days a week and 24 hours a day.

OTC trades

Intraday OTC trades can also be registered for clearing through the trading system.