UWM | Enwex U.K. Onshore Wind Futures Contract

UWM | Enwex U.K. Onshore Wind Futures Contract

Manage wind generation risk with a futures contract indexed to the utilization of the United Kingdom'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 U.K. Onshore Wind (UWM) futures contract is a pound sterling-denominated, financially-settled product indexed to Enwex Wind UK, a forecast-based index that translates wind speed at 100m into standardized generation utilization rates, expressed in £/MWh. Launching December 12, 2025. 

Contract Specs

Contract

Enwex U.K. Onshore Wind Futures

Product ID/Commodity Code

UWM

Rule Chapter

2200

Settlement Method

Financial

Contract Months

12 consecutive months

Pricing Terms

Enwex Wind in GBP 0.01

Contract Size

Multiple of hours in the Contract Month

Minimum Price Movemt

GBP 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

Note: times are subject to change to accommodate holidays and scheduled modifications announced
by Exchange in advance

Final Settlement Price

The arithmetic average of the hourly Enwex Wind in GBP values calculated by Enwex for the 
Contract Month.

Enwex Wind in GBP means the UK Onshore Wind Index (Enwex Curve ID: 10000222) 
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

Venue of Arbitration Singapore International Arbitration Centre (SIAC)

UWM | Enwex United Kingdom Onshore Wind Futures | Abaxx Exchange