Recent content by Ashap13311

I understand that part. I guess my question concerns the mechanics of an OTC spark spread trade. Does a party quote a spread and then negotiate prices for the two legs (gas and power) of the spread? Like if they sell the spread to another party, would the legs of the spread be two...

Question from (obviously) someone who's not a trader: I understand the concept of the spark spread, like a power producer using it to lock in a margin. But I don't understand what it means to "quote" a spark spread, e.g., if a party is quoting bids and asks for a spark spread, what does...