Message

Affected Period

Status
Closed

Category
Settlements

Run type
N/A

Created
11/08/2023 13:39

Last Updated
11/08/2023 13:42

Dear Market Participants,

Following the planned deployment of Release L, Mod_08_22 Weekly Strike Price Calculation will come into effect on the 17th August 2023.

Mod_08_22 only changes the frequency of the Strike Price from monthly to weekly. The methodology for calculating the Strike Price will remain the same but more up to date information will be used as the calculation will now be carried out on a weekly basis rather than monthly.

The first Weekly Strike Price calculation will take place on 17th August 2023 for billing period 20th - 26th August 2023. Market participants will be notified of the new Weekly Strike Price via a market message. Any dates prior to the 20th August 2023 will use the August Monthly Strike Price.

Going forward the calculation of the Weekly Strike Price will take place two working days prior to the start of the billing period.

Further information can be found in Mod_08_22 Weekly Strike Price Calculation.

Kind regards,

SEMO Team