Directed Contract Subscription Guidelines V2

Version Two

On the 23rd May, the Regulatory Authorities published the re-issued Directed Contracts Subscription Guidelines to include:a section on rounding conventions to be used in working out strike prices using the formulae; and to make one small change to the Guidelines, which clarifies that gas prices in € cents per therm should be converted into € per therm by dividing  - rather than multiplying - by 100.