Market Segment

Day Ahead Market Segment (“DAM”)

Continuous Intraday Market Segment (“CIM”)

Continuous Day Ahead Market Segment (“CoDAM”)

Underlying ("Instruments")

Electricity of constant output to be delivered in control area of the Belgian system operator Elia.

Instrument Series*

1H blocks

1H, 4H and 6H blocks

Base, Peak, Off Peak, weekend block

Listed for Order submission

14 trading days before delivery until 11:00 trading day before delivery

From 14:00 trading day before delivery until 5 min before delivery

From 7:00 two trading days before delivery until 11:00 of trading day before delivery

Trading days

Every calendar day

Every calendar day

Every weekday

Quotation

€/MWh

€/MWh

€/MWh

Price tick value

0.01 €/MWh (1 euro cent per MWh)

0.01 €/MWh (1 euro cent per MWh)

0.01 €/MWh (1 euro cent per MWh)

Contract volume

The minimum contract volume is 0.1 MWh

The minimum contract volume is 0.1 MWh

The minimum contract volume is 0.1 MWh

Order Type

Limit orders and block orders

Limit orders and market orders

Limit orders and market orders

Instruments eligible for trading on a trading day

All instruments with delivery day following the trading day

All listed Instruments

All listed Instruments

Trading Platform

The Belpex Trading Platform is based on the electronic EuroLight™ system.

Fixing Process

Auction

Continuous trading

Continuous trading (with opening auction)

Trading hours

Order book closing at 11:00

24/7

7:00 until 17:30

Publication Time contracts

Under normal circumstances not later than 11:25

Immediately

Immediately

Delivery

Through Day Ahead Hub of Elia Nomination System

Through Day Ahead Hub of Elia Nomination System

Through Day Ahead Hub of Elia Nomination System

Clearing and Settlement

Financial security of the transactions as the well as the clearing and settlement of the contracts is ensured by APX as central counterparty