Targeted recipients of this Clearing Circular: Trading Participants at HUPX markets, Direct Clearing Participant (DCP) members.
HUPX Hungarian Power Exchange (HUPX) and ECC will expand the Direct Clearing Participant (DCP) model to the HUPX power spot markets. The DCP access model allows trading participants to have direct access to trading and clearing of spot market products without the requirement of a Clearing Member.
Information on the expansion of the DCP model to HUPX markets As of Monday, 10 July 2023, DCP members will be able to participate in trading activities on HUPX day-ahead and intraday markets, given successful admission at ECC. For admission, the requirements according to the ECC Clearing Conditions apply. Information on the admission requirements and the admission process can be found on the ECC website https://www.ecc.de/en/access/dcp-clearing-members. For the pricing of the membership and the clearing of transactions on the HUPX power spot market, the ECC Price list applies: https://www.ecc.de/en/about-ecc/rules/price-list
Contact
European Commodity Clearing AG
Clearing & Settlement
Phone: +49 341 24680-444
E-mail: clearing@ecc.de