Clearing Circular 50/2019 | Emissions Expiry December 2019 & End of Year Processes

    In this Clearing Circular, ECC provides information regarding the delivery processes for the December 2019 expiry of EEX Emissions Futures and regarding processes over the Christmas and New Year period, specifically:

    • Financial Settlement of Spot Market Transactions and Physical Futures
    • Holiday Adjustment Initial Margin Spot Market on 24th December 2019
    • Cascading Futures on 27th December 2019
    • Business Processes on 24th and 31th December 2019
    • Reporting Procedures on all holidays and at the weekends
    • Settlement Hours of the Derivatives Markets Powernext, NXE and HUDEX.