Following yesterday’s announcement of Market Suspension by the AEMO, ASX issued this response … but I’ve only had time to copy this in now:
ASX is aware of the announcement made by Australian Energy Market Operator (AEMO) today at 2:05pm advising the suspension of the spot market until further notice.ASX electricity futures and options contracts will continue to operate under the standard trading hours as per the contract specifications.ASX will continue to determine the daily settlement prices per the standard methodology under the ASX 24 Operating Rules.
ASX is in ongoing contact with AEMO Settlements in relation to the certainty of final spot prices on Tuesday 5 July which will be used to determine the Expiry Settlement Prices of the contracts detailed above.
ASX has been communicating with ASIC regarding the current situation.
What do I need to do by when?
For information only.
Need more information?
ASX Energy team on +61 2 9227 0900 or via email to firstname.lastname@example.org.
There’s also this news announcement here from ASX Energy.