We have published the second edition of our new quarterly bids and offers summaries for the over-the-counter (OTC) hedge market.
The summaries provide an overview of bids and offers market activity using aggregated or non-identifiable information – such as key statistics on hedge requests and responses to those requests. These include: response rates; volumes requested and offered; and pricing offered.
The summaries arise from our regular monitoring of the OTC market to help us understand how market rules are working for the benefit of all consumers.
They are published to improve market participation. Helping participants manage risk will lead to more efficient pricing, and promote reliability, competition, and efficiency in the electricity industry.
The OTC market bids and offers summaries are archived on the Hedge market summaries page of the Authority’s website.