Total Futures Power Market Collateral
Total Futures Electricity Market Coverage (TVEPT);
- Entry Collateral (GT)
- Contract Collateral (KT)
- Physical Delivery Collateral (FTT)
- Net Loss (NZ)
- Mark to Market Collateral (TPgGT)
- Perfect Spread Position Collateral Discount (TYPTI)
- Inter-Delivery Spread Position Collateral Discount (VAYTİ)
TVEPT within the scope of the forward electricity market:
TVEPT = [ GT + KT + FTT + |NZ| + TPgGT – ( TYPTİ + VAYTİ ) ] x t
calculated according to the formula. The total futures electricity market collateral that a market participant is obliged to present cannot be less than the entry collateral.