Clearing Circular 17/2019 | Financial Settlement of Emission Futures

    With the expiry of Emission Futures on 24 June 2019 ECC will change the reporting of financial settlement for Emission Future contracts to align the financial settlement procedure for all physically settled products cleared by ECC. This affects the FEUA (EUA Future), F2CR (CER Future) and FEAA (EUAA Future) products.

    In line with this change, the CE120 ECC Delivery Report will not longer contain any relevant data and will be discontienued with the ECC C7 Migration on 24 June 2019. Instead all payment transactions will be included in the ECC Payment Report Summary (PRS) and Payment Report Detail (PRD).

    This Clearing Circular contains details on the technical setup as well as information for members to prepare for the changes.