Parallels between the Australian Open and the NEM

Last week we wrote about how the final week of November has a history in shaping the market, especially for the pending summer. Well, for this year, the shaping lived up to the tradition; but in a very different manner.

Each quarter the market faces the same question: should I buy, sell, or wait? The current Q3-25 quarter is no exception and is on track to deliver a substantial Seller's premium as the laws of probability have played out.

For any market participant, large consumer or trading house with exposure to the spot price and financial market, it is challenging to develop optimal risk-adjusted trading or hedging strategies. Based on our many years of experience, we have developed a rewarding and effective approach.