Overview

Date Activity
Jan 2005 – Oct 2010 Background: Background and work done by the Commission Read more
May 2011 Development: Independent Hedge Market Evaluation Report Read more
24 Jun 2011 Correspondence: Correspondence with large generators and ASX Read more
Sep 2011 Correspondence: Correspondence relating to consultation on hedge market arrangements Read more
11 Oct 2011 Development: Situation Update Read more
20 Oct 2011 Development: Information paper Read more
21 Oct 2011 Development: The Authority has prepared a brief overview paper that outlines the initiatives the Authority has taken to provide for a more active hedge market. Read more
21 Nov 2011 Development: Information paper: CBA Market-Making Obligations Read more
Jan 2012 Correspondence: Feedback on Market-Making CBA Read more
18 Jan 2012 Development: Regular reports published Read more
Apr 2012 Development: Hedge market survey 2012 Read more
17 Apr 2012 Development: Information paper: Hedge market performance and project update Read more
May 2012 Correspondence: Feedback from Contact on Information paper Read more
26 Jun 2012 Development: Information paper: Hedge market performance and project update Read more
Sep 2012 Development: ASX report on new product development Read more
Oct 2012 Development: Managing electricity price risk guide Read more
26 Nov 2012 Correspondence: Correspondence with ASX Read more
26 Nov 2012 Development: Information paper: Hedge market performance and project update Read more
21 May 2013 Development: Information paper: Hedge market performance and project update Read more
Oct – Nov 2013 Correspondence: Correspondence with Pulse Utilities on forward market liquidity Read more
20 Feb 2014 Advisory Group: Wholesale Advisory Group meeting Read more
9 Apr 2014 Advisory Group: Wholesale Advisory Group meeting Read more
1 May 2014 Advisory Group: Wholesale Advisory Group meeting Read more
9 Jun 2014 Development: Market marking for new ASX products Read more
Jul 2014 Development: Hedge market survey 2014 Read more
10 Dec 2014 Development: The Wholesale Advisory Group (WAG) held a public briefing on its Hedge Market Development discussion paper, released on 11 November 2014. Read more
30 Jun 2015 Development: Information paper - Potential for ASX futures to offset spot market prudential security requirements Read more
4 Aug 2015 Development: Wholesale Advisory Group's recommendation paper published Read more
Dec 2015 Development: Enhancing trading of hedge products decisions paper published Read more
11 Oct 2016 Correspondence: Mercury NZ Ltd request for a Central North Island FTR hub Read more
Jul 2017 Development: Hedge market survey 2017 Read more
24 Apr 2018 Development: Decision and Summary of Submission papers on Financial Transmission Rights (FTR) development Read more
26 Jun 2018 Development: Decision paper on treatment of prudential offsets in the wholesale market Read more
12 Nov 2019 Correspondence: In May 2019 the Authority responded to a request for the criteria it would apply when considering whether to urgently intervene to ensure market making services are provided. Read more
29 Nov 2019 Correspondence: In November 2019 the Authority met separately with each of the four largest generator-retailers to discuss the recent performance of the wholesale market and to seek improvements to market making services. The follow up letters to each organisation are pr Read more
3 Dec 2019 Correspondence: In November 2019 the Authority met with the non-integrated retailers to discuss the recent performance of the wholesale market. Read more
30 Jan 2020 Correspondence: The Authority has notified the market makers affected by the urgent Code amendment. Read more
30 Jan 2020 Development: The Authority has made an urgent Code amendment to insert a dormant mandatory market making scheme into the Code. The amendment will come into force on 3 February 2020. Read more
24 Mar 2020 Correspondence: The Authority has offered to support the establishment of a forum for developing an industry view on a suitable incentive-based market-making scheme. Read more
14 Apr 2020 Correspondence: The Authority has written to the market makers to clarify the usage for the additional two exemptions during New Zealand’s Covid-19 Alert Level 4. Read more
21 Apr – 16 Jun 2020 Consultation: Ensuring market making arrangements are fit-for-purpose over time. Read more
26 May 2020 Development: The Authority issued guidance to ASX and market makers regarding flexibility for market makers under COVID-19 alert levels 3 and 4. Read more