ECC offers clearing and settlement services for a number of exchanges and a variety of energy and related products. ECC uses SMSS as well as the EUREX Clearing System. Thus, access to two clearing systems is required.
- Spot market transactions are settled through ECC's Spot Market Settlement System (SMSS), where delivery management and relevant settlement and payment reports are implemented.
- Trade and position management for derivatives, risk management and collateral management including the delivery of the respective reports are implemented in the Eurex clearing system.
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