Authority access to exchange data
Part 13 of the Code sets out requirements on industry participants trading electricity contracts on the ASX, or any other exchange, to give permission for their de-anonymised trading data to be shared by the exchange with the Authority.
The Authority is gathering more and better-quality data on risk management contracts as part of its ongoing work to make improvements to the wholesale electricity market.
From 29 October 2020, a Code change takes effect requiring industry participants trading electricity contracts on the ASX, or any other exchange, to give permission for their de-anonymised trading data to be shared by the exchange with the Authority
If you trade electricity contracts on the ASX you need to:
- sign a consent form to share your data with the Authority, and return it to the ASX and the Authority
- ensure you have appropriate arrangements in place with your broker and other market intermediaries including providing your account identifier to the ASX.
Prescribed form under clause 13.236AA(2) of the Electricity Industry Participation Code 2010 (Code)
The prescribed form of consent is below. All participants must use this as the mechanism to provide ASX, or any other relevant exchange, with consent to provide the Authority with the data detailed in clause 13.236AA(2).
Participants should download the form, complete their details, and send a scanned copy on company-headed paper, signed by a duly authorised signatory, to the relevant exchange and copy the Authority (marketoperations@ea.govt.nz).
The contact email address for the ASX is Commodities@asx.com.au
This form may change in future. In this case the Authority will advise of any changes and participants would need to re-submit their forms.
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Prescribed form under clause 13.236AA2 of the Electricity Industry Participation Code 2010
Last updated: 22 September 2020