On 27 December 2019, settlement of cascading futures (applicable to commodities Power, Natural Gas and Wind Power) with delivery periods quarter and year will take place. ECC would like to remind all participants that the reporting of transactions on cascading slightly changed with the introduction of C7 Clearing System on 12 August 2019. Therefore we kindly ask you to review existing procedures and systemimplementations (see system documentation provided in line with ECC Clearing Circular 07/2019). This circular provides details of the system processing and reporting of the cascading transactions.
A detailed description of cascading can be found in the system documentation available at:
eurexclearing.com > Technology > Eurex Clearing’s C7
Contact
European Commodity Clearing AG
Clearing & Settlement
Phone: +49 341 24680-444
E-mail: clearing@ecc.de