For further details, please check the following downloadable media.(Japanese)
<Spot Market>
The market where the electricity to be delivered next day is traded. 48 products are traded every 30 minutes in 24 hours a day.
The bidding is done by a single price auction system. Under the single price auction system, a bid is made for the
combination of price and quantity of each product. A point of intersection where the buying and selling
conditions comply with each other is sought, and the price and contract quantity are decided at this point.
<Forward Market (Fixed-Form Products)>
The market where the electricity to be delivered in a certain period of time is traded.
As of 2005, there are 24-hour type products that are delivered at anytime a month and
daytime products that are delivered during a certain time period a month.
The bidding is done by the so-called continuous session system.
<Forward Market (Bulletin Board Products)>
In the forward market for bulletin board products, participants freely post matters related to electricity trading.
For further details, please check the following downloadable media.(Japanese)They describe an outline of transactions of wholesale electric power at JEPX.
Summary
Guidelines
They describe an outline of the information members who can see trading
information.
An
Outline of the information member
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