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The margin curves give you a visual representation of our margin parameters as a function of time to delivery. The curves are reviewed and updated, if necessary, on a monthly basis.

Electricity certificates Margin Curves


Renewables Margin Curve


Allowances Margin Curve


Seafood Margin curve


Fuel Oil Margin Curves


SPAN® Parameter files

The SPAN® risk model is used for the initial margin calculation.

SPAN is a registered trademark of Chicago Mercantile Exchange Inc., used herein under license. Chicago Mercantile Exchange Inc. assumes no liability in connection with the use of SPAN by any person or entity.

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