Elbas Market Makers
A market maker shall ensure fundamental liquidity in Elbas and commits to continuously quote, buy, and sell prices on the exchange. The exchange requires that the market maker quotes a maximum "spread" between buy and sell prices and there is a requirement of minimum volumes quoted.
Today Elbas has three market makers:
- Vattenfall AB for the Swedish market
- E.ON Energy Trading SE for the Swedish market
- Fortum Power and Heat Oy for the Finnish market
The three market makers are operating under the conditions displayed in the table below:
| Elspot price EUR |
< 20 |
20-40 |
40-60 |
60-80 |
> 80 |
|
|
|
|
|
|
| Spreads |
- |
5 |
10 |
15 |
- |
|
|
|
|
|
|
| Volumes |
|
|
|
|
|
E.ON Energy
Trading SE |
4 x 10 MW - 24 hours, 7 days a week |
Fortum Power
and Heat Oy |
2 x 20/30 MW - 24 hours, 7 days a week |
| Vattenfall AB |
2 x 40 MW - Monday to Friday from 1 pm to 5 pm, Saturdays, Sundays and national holidays 1 pm to 5 pm. |