LGC Closing Rates

Mercari operates an end of day closing rates window for Large-scale Renewable Energy Certificates (LGC) utilising Mercari’s proprietary eSEF technology. LGC contract specifications are available below.

For additional detail on the process or other information, please contact us.

Mercari reference pages

Bloomberg (MRCI)

Refinitiv (MERC/INDEX).

LGC – Large-Scale Generation Certificates

Spot Closing Price History

Forward Price Curve Based on Mid Point Index

LGC Closing Settlement Price Methodology

Firm Tradable Prices

  • Method A represents firm prices tradable on screen by counterparties with investment grade credit ratings
    Method B will substitute if necessary

Market Survey

  • A survey of available prices from various market participants will be conducted to calculate a fair value
  • Method B prices are not firm and are reference levels only
  • Method C will substitute if necessary


  • Method C employs Mercari’s LGC Cost of Carry Model.
  • Method C prices are not firm and are reference levels only.

This price information is for informational purposes only and is provided on a “best endeavours” basis. The information contained is of a general nature and nothing herein shall be construed as financial advice or a recommendation or solicitation to purchase or sell any financial product. Any use of this information is done so at the user’s risk only. Mercari provides no guarantees as to the completeness or appropriateness of this information for any purpose. If you receive this correspondence in error, please delete it from your system and notify the sender.