Clearing Circular 35/2021 | XBID 3rd wave Go-live, changes on Swiss Intraday auctions and power delivery reports

    Bidding zone borders FR-IT and AT-IT (LIP 14) 

    On 21st September 2021, ECC together with EPEX SPOT is going to implement the Cross Border Intraday Trading solution (XBID) for 3rd wave Single Intraday Coupling (SIDC) of the bidding zone borders FR-IT and AT-IT (LIP14). ECC collaborated in designing a clearing and settlement solution process. The purpose is to support the physical delivery, financial settlement, collateralization, and further processes required for clearing and settlement of XBID transactions as a central counterparty (CCP) for XBID products. This will be offered for the relevant borders included in the 3rd wave.

    European Commodity Clearing AG
    Clearing & Settlement
    Phone: +49 341 24680-444