Clearing Circular 38/2021 | ECC Portfolio Liquidation Simulation

    On 27 October 2021, ECC will perform an emissions portfolio liquidation simulation including external stakeholders. It will be used to practice default auction close-out procedures related to the liquidation of an emissions portfolio. The portfolio liquidation method represents an expansion of ECC’s default auction methodologies and is somewhat different in form and function to the standard approach. The new method is relevant for emissions derivatives products only. It is intended that the simulation provide members with an opportunity to familiarize themselves with the new approach.

    This clearing circular contains information about the simulation and is relevant for all ECC members. ECC encourages all members active in emissions derivatives products to
    actively take part in the simulation.

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