ASX has engaged a market maker to provide two-way pricing in Australian Evening Peak Electricity Futures.
To support the development of the market, ASX will waive fees for Australian Evening Peak Electricity Futures and the corresponding strips for all market participants from 16 November 2026 to 15 November 2027 inclusive. The waiver will cover all transaction types, including on-screen, blocks, and Exchange for Physical:
Together, these initiatives are intended to broaden participation, improve price transparency and support price discovery for evening peak electricity.
ASX Australian Evening Peak Electricity Futures provide targeted hedging and trading opportunities during the evening peak period. Each contract represents one megawatt of electrical energy per hour between 4.00 pm and 9.00 pm AEST (NEM time), Monday to Sunday, over a calendar quarter. Contracts are available for New South Wales, Queensland, Victoria and South Australia and are cash settled against the relevant regional National Electricity Market spot price.
Trading on ASX 24 provides price transparency and supports efficient price discovery, while central clearing reduces bilateral counterparty credit risk.
Participants intending to trade these products should confirm that their trading and clearing arrangements support the relevant contracts and strips.
For contract specifications and further information, please refer to the Australian Electricity Fact Sheet.
Harish Chandilyan, Product Manager, Commodities