The Romanian Commodity Exchange (BRM) launches new stock market indices for the gas market, recently registered with OSIM, according to a release of the stock exchange operator.
Thus, there are four categories of indices: ROGAS_DA – price index calculated based on the transactions concluded for a gas day of natural gas delivery, namely the next day; ROGAS_WD – price index calculated on the basis of transactions concluded for a gas day of natural gas delivery, namely the current day; ROGAS_FW: price index configured based on the transactions concluded on the futures markets for the products that have the delivery period followed, the index being calculated before the beginning of the respective delivery period; ROGAS_ALL: price index configured based on all transactions concluded for a certain delivery period, the referred transactions coming from both spot and futures markets, the index will be calculated after the end of the delivery period, according to Agerpres.
The indices are configured as weighted averages of the transactions concluded on the markets of the Romanian Commodity Exchange related to the delivery periods. They are calculated at the level of each trading day and are published by BRM on its own website.