In this article, you will find an overview of explanations of terminologies and abbreviations used within our services.
| Bid & Ask | Bid is the most recent price offered for buying 1 MW of that product. Ask is the most recent price offered for selling 1 MW of that product. |
| Change (Chg) | Difference between the previous closing/settlement price and the latest trade today. Only available if values for both "Pstl" and "Last" exist. |
| MACD | Moving Average Convergence Divergence. Shows the relationship between two moving averages of an asset's price. |
| Open Interest | The number of derivatives contracts that have been opened (i.e. not yet settled) for a specific product. |
| Previous Close (PClose) | Is the price of the last transaction from the previous trading day. PClose is used in relation to data published by brokers. |
| Previous Settlement (PStl) | The settlement from the previous trading day. |
| Relative Strength Index (RSI) | RSI shows the strength of a trend and the probability of it changing. |
| Settlement (Stl) | An end-of-day calculation of the closing value of a specific contract for that trading day. |
| Source | The exchange, broker, company, or institution that is the source of the data. |
| SourceId | A unique ID representing a source. |
| Volume Accumulated (VA) | The combined volume (MW) of all trades so far that day |
| Volume Last (VL) | The volume (MW) of the previous trade that trading day. |
| Term | Description | Example |
| BasePeakType | Used for power products to specify which load the contract represents. | Base |
| CommodityType | The type of commodity that the contract relates to. | Power |
| ContractName | The name of a contract within a market. | Mar-YYYY |
| FrontCode | Identifies the relative period of the contract. | M3 |
| FrontSymbol | A unique string that can be used to relatively identify a contract. The FrontSymbol is constructed by Montelby combining: SourceId + MarketCode + FrontCode | EEX DEB M3 |
| GenericPeriod | Type of period that the contract represents | Month (M) |
| MarketCode | A code representing the market. | DEB |
| MarketName | The name of the market to which the contract belongs. | German power |
| MontelSymbol | A unique string that can be used to identify a contract. Constructed by Montel by combining: SourceId + MarketCode + specific period | EEX DEB MAR-YYYY |
| SourceId | A unique ID representing the exchange or broker where the contract is traded. | EEX |
| SymbolKey | A string that uniquely identifies a contract. Either TickeySymbol, FrontSymbol, or MontelSymbol can be used as SymbolKey | Either EEX DEBM03YYYY, EEX DEB M3, or EEX DEB MAR-YYYY |
| TickerSymbol | Unique string used to identify a contract. SourceId + unique symbol string constructed by the source | EEX DEBM03YYYY |