FWM | Enwex France Onshore Wind Futures Contract
Manage renewable generation risk with a futures contract indexed to the utilization of France’s installed wind capacity. This financially-settled benchmark provides a clear and standardized instrument for managing volume risk tied to weather-driven variability in wind output.
Abaxx’s Enwex France Onshore Wind (FWM) Futures contract is a euro-denominated, financially-settled product indexed to Enwex Wind France, a forecast-based index that translates wind speed at 100m into standardized generation utilization rates, expressed in €/MWh. Available for trading on February 27, 2026.
Contract Specs
| Contract Name | Enwex France Onshore Wind Futures |
| Contract Symbol | FWM |
| Rule Chapter | 2500 |
| Settlement Method | Financial |
| Contract Months | 12 consecutive months |
| Pricing Terms | Enwex Wind in EUR 0.01 |
| Contract Size | Multiple of hours in the Contract Month |
| Minimum Price Movement | EUR 0.01 per hour |
| Trading Hours | 1000 – 2400 SGT |
| Price Limits | Fixed price limits which will be published via circulars |
| Settlement Price Period | Daily Settlement Price Period - Five (5) minutes ending 2230 SGT |
| Final Settlement Price | The arithmetic average of the hourly Enwex Wind in EUR values calculated by Enwex for the Contract Month. Enwex Wind in EUR means the French Onshore Wind Index (Enwex Curve ID: 10000231) calculated and published by Enwex GmbH according to its methodology as amended from time to time which is representative of the nominal utilization rates of wind capacity expressed in currency.
|
| Last Trading Day | The first Business Day of the month following the Contract Month. |
| Block Trade Minimum | 5 Lots |
| Reportable Level | 25 Lots |
| Position Limits (Spot Month) | None |
| Position Accountability Levels (any/all month) | 5,000 Lots |
| Venue of Arbitration | Singapore International Arbitration Centre (SIAC) |