Daily market making in two core contracts supports market liquidity at Gaspoint Nordic
Through cooperation with designated Trading Partcipants, Gaspoint Nordic supports market liquidity currently by offering market making in three core contracts: Within Day, Day ahead and Month ahead.
Within Day market making if facilitated by Danske Commodities
On weekends and holidays Danske Commodities places orders to buy and sell the WD contract form 11:00 to 12:00 CET for a quantity of 30 MW with a maximum spread of 0,25 EUR/MWh.
Danske Commodities have the opportunity to withdraw its market making if either their buy or sell order has been traded.
Day-ahead market making is facilitated by HMN Gashandel A/S.
On every exchange day HMN Gashandel A/S places orders to buy and sell the day ahead contract (DA) from 11:00 to 12:00 CET for a quantity of 30 MW with a maximum spread of 0,50 EUR/MWh.
The same market making actions apply for the weekend contracts.
HMN Gashandel has the opportunity to withdraw its market making when 60 MW/day of their orders have been traded.
Gaspoint Nordic will be interested in entering into new market making agreements with existing and new Trading Participants.
Please contact Sales & Business Development Manager Anders Cassøe for information on benefits and terms.
For further information:
Phone: +45 3142 5752