OREANDA-NEWS. September 6, 2010. On September 1, 2010, within the framework of the project between the Moscow Energy Exchange and RTS Group on trading in the power futures contract,  the futures contracts on the average power price index in the Center hub (ECBM-8.10 and ECPM-8.10) and in the Ural hub (EUBM-8.10 and EUPM-8.10) were settled.

The settlement prices amounted to:

ECBM-8.10 - RUB1,018.36 per MWh

ECPM-8.10 - RUB1,170.56 per MWh

EUBM-8.10 - RUB950.07  per MWh

EUРM-8.10 – RUB1,077.98 per MWh

As in the contract’s specifications, the settlement price is calculated on the basis of the arithmetic average of all values of the Index that is an underlying asset of the contract for the period from 01.08.2010 to 31.08.2010 published by  the Moscow Energy Exchange.

The volume of settled contracts stood at:

ECBM-8.10 - 52 contracts for RUB3.962 mln.

ECPM-8.10 - 480 contacts for RUB 8.656 mln.

EUBM-8.10 - 20 contacts for RUB1.415 mln.

EUРM-8.10 - 164 contracts for RUB 2.722 mln.

During August,1688 trades representing 6,148 contracts were executed. 716 contracts were settled for a total of RUB16,755,368.