Trading and Settlement for Weekly Contracts Trading and Settlement for Daily, DAC & Intraday Contracts (sample). Trading and Settlement for REC

Transcription

1 Circular No.: IEX/MO/292/20 Date: 02 nd July, 20 TAM Trading and Settlement Calendar from July 20 to September 20 In pursuance of Rules, Bye-Laws and Business Rules of the Exchange, the Members of the Exchange are notified that the Exchange will have the following Trading and Settlement Calendar for Region-wise Weekly contracts and Region-wise Daily, Region-wise Day Ahead Contingency (DAC) and Region-wise Intra Day contracts in Term Ahead Market (TAM), along with Renewable Energy Contracts (REC). The Calendar is for the period starting July 20 till September 20. In case of any clarification needed, kindly contact the customer support number at Enclosure Attached: Annexure-1 Annexure-2 Annexure-3 Trading and Settlement for Weekly Contracts Trading and Settlement for Daily, DAC & Intra Contracts (sample). Trading and Settlement for REC For and on behalf of Indian Energy Exchange Limited Akhilesh Awasthy Director (Market Operations) Corporate office Indian Energy Exchange Limited Unit no.3,4,5 & 6, Fourth Floor, Plot No.7, TDI Center, District Center, Jasola, New Delhi Phone: Fax: CIN: L74999DL2007PLC277039

2 Annexure-1

3 Weekly Contracts Trading Delive ry Week No. Start of End of 4-Jul Jul- 15-Jul- Trading & Settlement Calendar July 20 Sched uling First First Last Last Report Communication Report Communication (IEX to Member) (Member to IEX) Form T-2 Format-II & T-4, (SLDC Form T-7 Form T-4 Format I and II upto 5 pm 7-Jul- 10-Jul- 13-Jul- 16-Jul- 4-Jul- 8-Jul- 5-Jul- 5-Jul- 5-Jul Jul- 15-Jul- 7-Jul- 10-Jul- 13-Jul- 16-Jul- 5-Jul- 8-Jul- 5-Jul- 5-Jul- 11-Jul Jul- 22-Jul- 13-Jul- 17-Jul- 21-Jul- 23-Jul- 11-Jul- 15-Jul- 12-Jul- 12-Jul- 12-Jul Jul- 22-Jul- 13-Jul- 17-Jul- 21-Jul- 23-Jul- 12-Jul- 15-Jul- 12-Jul- 12-Jul- -Jul Jul- 29-Jul- 21-Jul- 24-Jul- 27-Jul- 30-Jul- -Jul- 22-Jul- 19-Jul- 19-Jul- 19-Jul Jul- 29-Jul- 21-Jul- 24-Jul- 27-Jul- 30-Jul- 19-Jul- 22-Jul- 19-Jul- 19-Jul- 25-Jul Jul- 5-Aug- 27-Jul- 31-Jul- 4-Aug- 6-Aug- 25-Jul- 29-Jul- 26-Jul- 26-Jul- 26-Jul Jul- 5-Aug- 27-Jul- 31-Jul- 4-Aug- 6-Aug- 26-Jul- 29-Jul- 26-Jul- 26-Jul- # FCFS-First Come First Serve; - Day Ahead Bilateral

4 Trading Delive ry Week No. Start of End of 1-Aug Aug- 12-Aug- Trading & Settlement Calendar - August 20 Sched uling First First Last Last Report Communication (IEX to Member) Form T-2 & T-4, Format I and II Report Communication (Member to IEX) Format-II (SLDC Form T-7 Form T-4 Clearanc e) upto 5 pm 4-Aug- 7-Aug- 10-Aug- 13-Aug- 1-Aug- 5-Aug- 2-Aug- 2-Aug- 2-Aug Aug- 12-Aug- 4-Aug- 7-Aug- 10-Aug- 13-Aug- 2-Aug- 5-Aug- 2-Aug- 2-Aug- 8-Aug Aug- 19-Aug- 10-Aug- 14-Aug- -Aug- 20-Aug- 8-Aug- 12-Aug- 9-Aug- 9-Aug- 9-Aug Aug- 19-Aug- 10-Aug- 14-Aug- -Aug- 20-Aug- 9-Aug- 12-Aug- 9-Aug- 9-Aug- 15-Aug Aug- 26-Aug- -Aug- 21-Aug- 24-Aug- 27-Aug- 15-Aug- 19-Aug- 16-Aug- 16-Aug- 16-Aug Aug- 26-Aug- -Aug- 21-Aug- 24-Aug- 27-Aug- 16-Aug- 19-Aug- 16-Aug- 16-Aug- 22-Aug Aug- 2-Sep- 24-Aug- 28-Aug- 1-Sep- 3-Sep- 22-Aug- 26-Aug- 23-Aug- 23-Aug- 23-Aug Aug- 2-Sep- 24-Aug- 28-Aug- 1-Sep- 3-Sep- 23-Aug- 26-Aug- 23-Aug- 23-Aug- 29-Aug Sep- 9-Sep- 1-Sep- 4-Sep- 7-Sep- 10-Sep- 29-Aug- 2-Sep- 30-Aug- 30-Aug- 30-Aug Sep- 9-Sep- 1-Sep- 4-Sep- 7-Sep- 10-Sep- 30-Aug- 2-Sep- 30-Aug- 30-Aug- # FCFS-First Come First Serve; - Day Ahead Bilateral

5 Trading & Settlement Calendar September 20 Trading Deliver y Week No. Start of End of 5-Sep Sep- 16-Sep- Sched uling First First Last Last Report Communication Report Communication (IEX to Member) (Member to IEX) Form T-2 Format-II & T-4, (SLDC Form T-7 Form T-4 Format I and II upto 5 pm 7-Sep- 11-Sep- 15-Sep- 17-Sep- 5-Sep- 9-Sep- 6-Sep- 6-Sep- 6-Sep Sep- 16-Sep- 7-Sep- 11-Sep- 15-Sep- 17-Sep- 6-Sep- 9-Sep- 6-Sep- 6-Sep- 12-Sep Sep- 23-Sep- 13-Sep Sep- 23-Sep- 15-Sep- -Sep- 21-Sep- 24-Sep- 12-Sep- 16-Sep- 13-Sep- 13-Sep- 15-Sep- -Sep- 21-Sep- 24-Sep- 13-Sep- 16-Sep- 13-Sep- 13-Sep- 19-Sep Sep- 30-Sep- 21-Sep- 25-Sep- 29-Sep- 1-Oct- 19-Sep- 23-Sep- 20-Sep- 20-Sep- 20-Sep Sep- 30-Sep- 21-Sep- 25-Sep- 29-Sep- 1-Oct- 20-Sep- 23-Sep- 20-Sep- 20-Sep- 26-Sep Oct- 7-Oct- 27-Sep Oct- 7-Oct- 29-Sep- 3-Oct- 6-Oct- 8-Oct- 26-Sep- 30-Sep- 27-Sep- 27-Sep- 29-Sep- 3-Oct- 6-Oct- 8-Oct- 27-Sep- 30-Sep- 27-Sep- 27-Sep- # FCFS-First Come First Serve; - Day Ahead Bilateral

6 Annexure-2 Daily Contracts Trading & Settlement Calendar Exchange Reports to Member Members Communication to Exchange Trading Date Scheduling Margin(M)* Form T-2,T-4 #, Format I & II Form T-7 Form T-4 # Format-II (SLDC T T+5 upto T+11 T D-1 D+1 T D-1 T D-4 01-Jul- 6-Jul- 5-Jul- 7-Jul- 1-Jul- 5-Jul- 01-Jul- 02-Jul- 01-Jul- 7-Jul- 6-Jul- 8-Jul- 1-Jul- 6-Jul- 01-Jul- 03-Jul- 01-Jul- 8-Jul- 7-Jul- 9-Jul- 1-Jul- 7-Jul- 01-Jul- 04-Jul- 01-Jul- 9-Jul- 01-July- (55%) 8-Jul- 10-Jul- 1-Jul- 8-Jul- 01-Jul- 05-Jul- 01-Jul- 10-Jul- 9-Jul- 11-Jul- 1-Jul- 9-Jul- 01-Jul- 06-Jul- 01-Jul- 11-Jul- 10-Jul- 12-Jul- 1-Jul- 10-Jul- 01-Jul- 07-Jul- 01-Jul- 12-Jul- 11-Jul- 13-Jul- 1-Jul- 11-Jul- 01-Jul- 08-Jul- T= Trading Day; D= Day *M is 55% of Trade Value In case of bank holis pay-in will be collected on a prior bank working to the actual pay-in, irrespective of the contract type. In case of bank holis pay-out will be made on the next bank working, irrespective of the contract type. #Form T-4 if required. The format is applicable to all region-wise Daily Contracts, traded on daily basis.

7 DAC Contracts Trading & Settlement Calendar Exchange Reports to Members Members Communication to Exchange Contract (Symbol) time Trade Scheduling Initial Margin (IM) / Refund Form T-2, Format I & II Form T-7 Format-II (SLDC DAC-H01- NR till DAC-H24- NR 00:00 to 01:00 23:00 to 24:00 T T+1 Contingency T T+1 Contingency 100% in advance 100% in advance T+1 (adjusted with margins) T+1 (adjusted with margins) D+1 T Upto T+1 T D+1 T Upto T+1 T T = Trading Day, D = Day, Trading session will be open on all s. In case of bank holis the payout will be made on the next bank working.

8 Trading Time Contract (Symbol) Scheduling Intra Contracts Trading & Settlement Calendar Trading Schedule Initial Margin (IM) Exchange Reports to its Member Form T-2, Format- I Form T-7 00:30-01:00 H05toH24 Contingency 105%in advance T+1 T+1 T T+1 Members to Exchange Format-II (SLDC 01:00-02:00 H06toH24 Contingency 105%in advance T+1 T+1 T T+1 02:00-03:00 H07toH24 Contingency 105%in advance T+1 T+1 T T+1 03:00-04:00 H08toH24 Contingency 105%in advance T+1 T+1 T T+1 04:00-05:00 H09toH24 Contingency 105%in advance T+1 T+1 T T+1 05:00-06:00 H10toH24 Contingency 105%in advance T+1 T+1 T T+1 06:00-07:00 H11toH24 Contingency 105%in advance T+1 T+1 T T+1 07:00-08:00 H12toH24 Contingency 105%in advance T+1 T+1 T T+1 08:00-09:00 H13toH24 Contingency 105%in advance T+1 T+1 T T+1 09:00-10:00 H14toH24 Contingency 105%in advance T+1 T+1 T T+1 10:00-11:00 H15toH24 Contingency 105%in advance T+1 T+1 T T+1 11:00-12:00 H16toH24 Contingency 105%in advance T+1 T+1 T T+1 10 time blocks before start of delivery 12:00-13:00 H17toH24 Contingency 105%in advance T+1 T+1 T T+1 13:00-14:00 HtoH24 Contingency 105%in advance T+1 T+1 T T+1 14:00-15:00 H19toH24 Contingency 105%in advance T+1 T+1 T T+1 15:00-16:00 H20toH24 Contingency 105%in advance T+1 T+1 T T+1 16:00-17:00 H21toH24 Contingency 105%in advance T+1 T+1 T T+1 17:00-:00 H22toH24 Contingency 105%in advance T+1 T+1 T T+1 :00-19:00 H23toH24 Contingency 105%in advance T+1 T+1 T T+1 19:00-20:00 H24 Contingency 105%in advance T+1 T+1 T T+1 T=Trading Day, D= Day, Trading session will be open on all s. In case of bank holis the payout will be made on the next bank working.

9 Annexure-3 REC Contracts Trading & Settlement Calendar Trading Sell Order Confirmation from CA to IEX Funds Pay In Funds Pay Out Pre Trade Cash Margin (from buyers only) 25-July- 25- July- 26- July- 100% Cash Margin 29-August- 29-August- 30-August- 100% Cash Margin 26-September- 26-September- 27-September- 100% Cash Margin