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Electricity production out of renewable production sources is increasingly gaining importance in Germany. Current standard products do not meet requirements for hedging of renewable energy production.
Nasdaq German Wind Index Futures settling on the relative German wind power utilization.
Conversion: 1% = 1€/wph (wind production hour)
Underlying Index: NAREX WIDE
Trading hours: 8:00 – 18:00 CET
Daily mark-to-market settlement
Final settlement on expiry day
Nasdaq Commodities product calendar provides central product specifications for all financial products traded on the exchange.
For guidance on how to interpret the calendar, please see the explanatory note.