We will redirect you shortly
LGC Closing Rates
Mercari operates an end of day closing rates window for Large-scale Renewable Energy Certificates (LGC) utilising Mercari's proprietary eSEF technology. LGC contract specifications are available here.
For additional detail on the process or other information, please contact us.
LGC - Large-Scale Generation Certificates
LGC Closing Rates
| Tenor |
Bid |
Offer |
Mid Point Index |
| Spot |
43.50 |
44.15 |
43.825 |
| Cal 22 |
43.50 |
43.85 |
43.675 |
| Cal 23 |
43.00 |
44.00 |
43.500 |
| Cal 24 |
40.00 |
40.50 |
40.250 |
| Cal 25 |
33.00 |
33.90 |
33.450 |
| Cal 26 |
25.00 |
26.00 |
25.500 |
Table Legend
Blue – Firm Tradable Prices
Green - Market Survey
Red – Calculation
Spot Closing Price History
Spot Closing Price History
Forward Price Curve Based on Mid Point Index
Forward Price Curve Based on Mid Point Index
LGC Closing Settlement Price Methodology
Firm Tradable Prices
- Method A represents firm prices tradable on screen by counterparties with investment grade credit ratings
- Method B will substitute if necessary
Market Survey
- A survey of available prices from various market participants will be conducted to calculate a fair value
- Method B prices are not firm and are reference levels only
- Method C will substitute if necessary
Calculation
- Method C employs Mercari's LGC Cost of Carry Model.
- Method C prices are not firm and are reference levels only.
Disclaimer
This price information is for informational purposes only and is provided on a "best endeavours" basis.
The information contained is of a general nature and nothing herein shall be construed as financial advice or a
recommendation or solicitation to purchase or sell any financial product. Any use of this information is done so
at the user's risk only. Mercari provides no guarantees as to the completeness or appropriateness of this
information for any purpose. If you receive this correspondence in error, please delete it from your system and notify the sender.
