Examples of Basket Constituent Weight in a sentence
As a formula:nReference Level t Pi, t × BCWi, tiwhere:n = number of Basket Constituents in the BasketP i, t = the official close price of Basket Constituent i on day t, converted into USD at the relevant Exchange RateBCW i, t = Basket Constituent Weight i on day t Exchange Rate WM CO 4pm Exchange Rate (agency basis)Basket Constituent WeightIn relation to each Basket Constituent, the number of shares for such Basket Constituent.
The Market Participant registering Resources and load not directly participating in the WEIS Market will be financially responsible for any Imbalance Energy associated with those Resources and load.
The initial Basket Constituent Weights are specified in the description of the Initial Basket Constituents as specified in the column “Basket Constituent Weight”.Initial Reference Level (IRL)USD 98IRL will be used in Basket Constituent Weight (Initial Number of Shares Calculation).