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/301/20 Date: 28 th September, 20 TAM Trading and Settlement Calendar from October 20 to December 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 October 20 till December 20. In case of any clarification, 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 Trading Delive ry Week No. Start of End of 3-Oct Oct- 14-Oct- Weekly Contracts Trading & Settlement Calendar October 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 6-Oct- 9-Oct- 12-Oct- 15-Oct- 3-Oct- 7-Oct- 4-Oct- 4-Oct- 4-Oct Oct- 14-Oct- 6-Oct- 9-Oct- 12-Oct- 15-Oct- 4-Oct- 7-Oct- 4-Oct- 4-Oct- 10-Oct Oct- 21-Oct- 12-Oct- 16-Oct- 19-Oct- 22-Oct- 10-Oct- 14-Oct- 11-Oct- 11-Oct- 11-Oct Oct- 21-Oct- 12-Oct- 16-Oct- 19-Oct- 22-Oct- 11-Oct- 14-Oct- 11-Oct- 11-Oct- 17-Oct Oct- 28-Oct- 20-Oct- 23-Oct- 26-Oct- 29-Oct- 17-Oct- 21-Oct- -Oct- -Oct- -Oct Oct- 28-Oct- 20-Oct- 23-Oct- 26-Oct- 29-Oct- -Oct- 21-Oct- -Oct- -Oct- 24-Oct Oct- 4-Nov- 26-Oct- 30-Oct- 2-Nov- 5-Nov- 24-Oct- 28-Oct- 25-Oct- 25-Oct- 25-Oct Oct- 4-Nov- 26-Oct- 30-Oct- 2-Nov- 5-Nov- 25-Oct- 28-Oct- 25-Oct- 25-Oct- # FCFS-First Come First Serve; - Day Ahead Bilateral

4 Trading Delive ry Week No. Start of End of 31-Oct Nov- 11-Nov- Trading & Settlement Calendar - November 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 3-Nov- 6-Nov- 9-Nov- 12-Nov- 31-Oct- 4-Nov- 1-Nov- 1-Nov- 1-Nov Nov- 11-Nov- 3-Nov- 6-Nov- 9-Nov- 12-Nov- 1-Nov- 4-Nov- 1-Nov- 1-Nov- 7-Nov Nov- -Nov- 9-Nov- 13-Nov- 16-Nov- 19-Nov- 7-Nov- 11-Nov- 8-Nov- 8-Nov- 8-Nov Nov- -Nov- 9-Nov- 13-Nov- 16-Nov- 19-Nov- 8-Nov- 11-Nov- 8-Nov- 8-Nov- 14-Nov Nov- 25-Nov- 17-Nov- 20-Nov- 22-Nov- 26-Nov- 14-Nov- -Nov- 15-Nov- 15-Nov- 15-Nov Nov- 25-Nov- 17-Nov- 20-Nov- 22-Nov- 26-Nov- 15-Nov- -Nov- 15-Nov- 15-Nov- 21-Nov Nov- 2-Dec- 22-Nov- 27-Nov- 30-Nov- 3-Dec- 21-Nov- 25-Nov- 22-Nov- 22-Nov- 22-Nov Nov- 2-Dec- 22-Nov- 27-Nov- 30-Nov- 3-Dec- 22-Nov- 25-Nov- 22-Nov- 22-Nov- 28-Nov Dec- 9-Dec- 1-Dec- 4-Dec- 7-Dec- 10-Dec- 28-Nov- 2-Dec- 29-Nov- 29-Nov- 29-Nov Dec- 9-Dec- 1-Dec- 4-Dec- 7-Dec- 10-Dec- 29-Nov- 2-Dec- 29-Nov- 29-Nov- # FCFS-First Come First Serve; - Day Ahead Bilateral

5 Trading & Settlement Calendar December 20 Trading Deliver y Week No. Start of End of 5-Dec Dec- 16-Dec- 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-Dec- 11-Dec- 14-Dec- 17-Dec- 5-Dec- 9-Dec- 6-Dec- 6-Dec- 6-Dec Dec- 16-Dec- 7-Dec- 11-Dec- 14-Dec- 17-Dec- 6-Dec- 9-Dec- 6-Dec- 6-Dec- 12-Dec Dec- 23-Dec- 13-Dec Dec- 23-Dec- 15-Dec- -Dec- 21-Dec- 24-Dec- 12-Dec- 16-Dec- 13-Dec- 13-Dec- 15-Dec- -Dec- 21-Dec- 24-Dec- 13-Dec- 16-Dec- 13-Dec- 13-Dec- 19-Dec Dec- 30-Dec- 21-Dec- 26-Dec- 28-Dec- 31-Dec- 19-Dec- 23-Dec- 20-Dec- 20-Dec- 20-Dec Dec- 30-Dec- 21-Dec- 26-Dec- 28-Dec- 31-Dec- 20-Dec- 23-Dec- 20-Dec- 20-Dec- 26-Dec Dec- 6-Jan Dec Dec- 6-Jan Dec- 1-Jan-19 4-Jan-19 7-Jan Dec- 30-Dec- 27-Dec- 27-Dec- 29-Dec- 1-Jan-19 4-Jan-19 7-Jan Dec- 30-Dec- 27-Dec- 27-Dec- # 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 T T+5 upto T+11 D-1 D+1 T D-1 T D-4 01-Oct- 6-Oct- 5-Oct- 7-Oct- 1-Oct- 5-Oct- 01-Oct- 02-Oct- 01-Oct- 7-Oct- 6-Oct- 8-Oct- 1-Oct- 6-Oct- 01-Oct- 03-Oct- T 01-Oct- 8-Oct- 1-July- (55%) 7-Oct- 9-Oct- 1-Oct- 7-Oct- 01-Oct- 04-Oct- 01-Oct- 9-Oct- 8-Oct- 10-Oct- 1-Oct- 8-Oct- 01-Oct- 05-Oct- 01-Oct- 10-Oct- 9-Oct- 11-Oct- 1-Oct- 9-Oct- 01-Oct- 06-Oct- 01-Oct- 11-Oct- 10-Oct- 12-Oct- 1-Oct- 10-Oct- 01-Oct- 07-Oct- 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 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 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 Members to Exchange Format-II (SLDC 10 time blocks before start of delivery 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.

9 In case of bank holis the payout will be made on the next bank working. 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) 31-Oct- 31-Oct- 01-Nov- 100% Cash Margin 28-Nov- 28-Nov- 29-Nov- 100% Cash Margin 26-Dec- 26-Dec- 27-Dec- 100% Cash Margin