ECC Clearing Circular 08/2017 - Amendment of Clearing Conditions – Release 37a and removal of ECC Lux from the delivery chain in the emissions market.
In relation to the nomination of EEX as the common auction platform for Primary Auctions in EU Emission Allowances and EU Aviation Allowances ECC – as the Clearinghouse of EEX – will amend its rules to make them compliant with the requirements of the Primary Auctions. These amendments also entail a few operational changes. In addition to that a few small amendments in the Clearing Conditions were made to reflect other operational needs. A brief overview of the changes is provided below.
The new release 37a will take effect as of April, 1 th 2017.