General news
Commercial market making contract renewed
- Wholesale
- Innovation
The Electricity Authority has renewed its contract with Bold Market Making NZ Ltd to provide commercial market making services.
The new arrangement commences on 1 July 2023 and runs through until 30 June 2024.
Bold Market Making NZ Ltd was selected by the Authority in July 2022, following a two-stage procurement process, to provide commercial market making services. It entered the market on 1 September 2022.
The NZ electricity futures market is hosted on the Australian Securities Exchange (ASX). This market is also supported by market making services provided by New Zealand’s four largest electricity generator-retailers: Contact Energy Limited, Genesis Energy Limited, Mercury NZ Limited and Meridian Energy Limited.
More information: Commercial market marking
Related News
Code amendment omnibus #6 decision
We are making three amendments to the Electricity Industry Participation Code under omnibus #6 – while opting to not proceed with one proposal.
Workshop registrations open and venues confirmed: help us shape our flexibility work programme
Venues are now confirmed and registrations are open for our four flexibility work programme workshops in May. During these sessions we will: outline our propos…
Market making review decisions and OTC platform selection
The Electricity Authority is making amendments to the market making settings in the Code to promote price discovery, competition and confidence in the electric…