Clearing Circular 52/2016 | Initial Margin Spot Market – Amendment Exposure Calculation

    This document informs about the upcoming change of the exposure calculation for the Initial Margin Spot Market.

    This information is relevant for all members active on the spot market for Power and Natural Gas products. The change will be active from November 29th 2016 impacting the margin call for the 30th of November
    2016.

    Please find additional information on the following pages.