AEMArrow Energy MarketsAEM --:--
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NEM avg
NEM demand

Next 4h peakPredispatch max $/MWh

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Top traded todayBy volume

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Spot Pricing $/MWh — 5-min dispatch

NEM Spot Summary

NEM Network MapLive Pricing & Interconnector Flows

Demand vs ForecastMW

Generation MixMW by fuel type

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Predispatch Outlook$/MWh

Region Now +30m +1h +2h +3h +4h
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Generator TripsLast 24h0

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Fuel & Carbon IndicesDelayed / End-of-Day

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Wind & Solar Outlook Indicative BOM weather proxy vs 5-min SCADA (not an AEMO official forecast)

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Demand & Supply ContextReserve Margins

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Interconnector FlowsMW

Rebid alertsLargest first — last 24h (trading days)0

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Planned Outages Material outages — next 7 days 0

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PASA Availability Changes Last 14 days 0

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Market Notices AEMO NEMWEB · last 72h 0

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Event Feed

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Trading Feed Status (Delayed)

Market Snapshot
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Trade Log Futures (0) | Options (0)

Futures
Time Contract Type Price Tick Δ Settle Vol
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Options
Time Contract Put/Call Strike Premium Underlying IV Vol
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Trade HistorySearch market prints, tape charts, and traded vol

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Chart Studio

Historical curve workbench
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EOD Forward Curve

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EOD Marks Overview
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Forward Curve Source: Market data | --

Forward CurveEnergy Futures

Cap vs Swap Decomposition Source: Market data | --

DecompositionCap-Swap Spread
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Curve Movement Source: Market data

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Basis Tracker Source: Market data

BasisInter-Regional Spread

Volume & Open Interest Source: Market data | --

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Live Curve

No snapshot -- --
All Marks Auto-refresh every 30s • snapshots rebuild every 5 min in session. Tenors down the left, states across the top; choose All to see Base → Cap → Peak bands. Scroll vertically — no wide horizontal pan.
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Curve Chart
Details & provenance drill-down
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Key Movers This Week

Calendar Year Strip Trends

Strip TrendsCalendar Year
Region Contract Price WoW MoM 3M 52w High 52w Low

Inter-Regional Strip Spreads

Spread TrendsInter-Regional
Pair Contract Spread Percentile 52w High 52w Low 52w Avg

Volatility Dashboard

IV SurfaceATM Implied Volatility
Region Contract Call IV Put IV Skew WoW Chg Percentile 20w MA

Vol Term Structure

Term StructureATM Vol by Tenor

Open Interest Analysis

Open InterestFutures + Options

Top Contracts by OI

Region Contract OI WoW Chg WoW % Flag

Put/Call OI Ratio

P/C RatioOpen Interest

Volume Analysis

VolumeDaily Traded

Most Active Contracts

Contract Region Type Price Change Volume OI

Macro Commentary

    Implied Volatility Surface QLD

    VWAV IV
    IV Range
    Call IV
    Put IV
    Active Strike
    Options Vol

    Historical Comparison

    Vol Surface

    Traded Settled Fitted Interpolated Extrapolated Stale

    Surface Analytics Smile Metrics & Fit Quality

    Volatility Skew IV vs Strike by Tenor

    SkewIV vs Strike

    Term Structure ATM IV vs Expiry

    Term StructureATM IV vs Expiry

    Snapshots & Export

    Green Curves Source: AEM DES API | As of --

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    Data refreshes every 4 hours

    Curve History Historical EOD marks | Latest available: --

    Overlay up to three historical curve dates. Curves are published with a minimum 5-trading-day lag.
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    Upcoming Events ASX expiries & market holidays | Next 30 days

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    Strike Diversification Advisor

    Strike ConcentrationOI by Strike

    Suggested Trades

    Portfolio Breakdown

    Intraday price shape Average NEM spot by half-hour; use Period for history or Today (vs 30d avg) for live vs baseline

    Generation Mix by Shape Average fuel tech output (MW)

    Region × Block Heatmap 5×5 matrix — click a cell to open Swap Pricer for that swap

    Cross-Region Arbitrage Largest regional price gaps for the same block

    Inter-Block Spreads Block spreads within each region vs 30d / 90d history

    Premium Evolution Daily block premium vs baseload — select region, block, and lookback

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    Day-of-week patternsAverage price by weekday and block
    Seasonal block premiumsMonthly / quarterly premia vs baseload
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    Generation vs priceRenewable output and correlation with block prices
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    Forward curve (?) Market settlements by tenor. Settled = direct market price; Algebraic = derived exactly; Modelled = shape-implied — click a row to price that swap.

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    Off-peak is algebraic: (168·Base − 75·Peak) / 93 using the standard energy peak-hour convention (weekdays 07:00-22:00 AEST). Dim rows indicate stale settlements.

    Swap Pricer Price a specific block, tenor and strike. Click a tenor row above to pre-fill these fields from the market.

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    Risk analytics — all blocks (region)
    Backtest this strike Historical weekly settlements vs your strike — buyer P&L path and distribution
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    Cap Analysis Control Deck (?) Select region and tenor, then inspect decomposition

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    Tenor Matrix Tenor selector

    Cap Value Decomposition Forward cap allocation by bucket with day-on-day context

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    Market context Peer snapshot for the same tenor (latest run) and how allocation drifts over your selected window

    Regions

    % of cap value by bucket. Cell shading = distance from column average. Click a row to switch region.

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    Allocation drift
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    Daily moves reflect both spot behaviour and changes to the lookback window, winsorisation, and fallback rules.

    Base Swap Decomposition Tenor grid + table view for implied average bucket prices

    Methodology How the decomposition is calculated

    Shape swaps vs cap buckets: The Swap Pricer and Market Shape tabs use five intraday blocks (e.g. Morning / Middle / Evening peaks). This Cap Analysis uses three buckets (Overnight, Mid-Day, Super Peak) matched to the $300/MWh cap regime and allocation of cap value — a different cut of the same underlying dispatch data.

    Cap Value Allocation: Historical spot prices above $300/MWh are classified into three time buckets. The percentage of total cap payouts in each bucket determines how the forward cap settlement price is allocated. Payouts are winsorised at the 95th percentile to prevent single extreme events from dominating.

    Base Swap Decomposition: The historical average spot price ratio between buckets is used to decompose the base forward into implied per-bucket prices, constrained to hour-weight back to the base settlement.

    Diagnostics: Each decomposition tracks the number of cap events, data coverage, and whether the lookback is seasonally matched for internal review.

    Market Commission Pool (?) Estimated brokerage paid across the entire ASX 24 market
    Today Pool (est.)
    Avg / Day
    Futures Bro
    Options Bro
    Trading Days
    Intraday Brokerage
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    By Execution Channel
    Top Deals by Estimated Brokerage
    # Date Time Structure Description Legs Lots Channel Est. Bro
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    Top Contracts by Estimated Brokerage
    # Contract Region Total Lots Structures Est. Bro
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    AEM AU Share
    Will populate when AEM AU starts trading. Trade entry and tape reconciliation are Phase 2B.
    Commission estimate: 2.5¢/MWh on all on-exchange products (futures & options, block & screen). Multi-leg structures use the leg-cap rule: brokerage charged on the top-K legs by volume where K = min(num_legs, 2) — i.e. a 5-leg butterfly pays bro on its 2 largest legs only. Strip legs and EFPs are excluded. ASX exchange fees are not included.
    Help & Feedback

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    ☏ Call +61 448 096 269 ✉ Email tom.brodie@aemarkets.com
    Desk: Mon–Fri 8:00–18:00 AEDT

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