Clearing Circular 50/2022 | Changes to the ECC Price List

    ECC has made the following changes to the ECC Price List:

    (1) Prolongation of the fee waiver for an initiator of a transaction in EGSI Natural Gas Futures

    The fee waiver for the initiator of a transaction in EGSI Natural Gas Futures (cash-settled) has been prolonged until 31 December 2023.

    (2) Harmonization of the day count convention for calculation of daily interest and calculation of daily service fees for margin assets

    With effect as of 1 January 2023, ECC will harmonize the day count convention applied to interest payments and service fee payments for margin assets. Calculation of daily interest and calculation of daily service fees for margin assets will be performed based on act/360 (360 calendar days).

    (3) Change to the Clearing Fee for European Guarantees of Origin Spot Auction trades

    With effect as of 21 January 2023, ECC will change the Clearing Fee for European Guarantees of Origin Spot Auction trades to 0.01 EUR/MWh.

    Further details can be found in the ECC Price List.

    Contact
    European Commodity Clearing AG
    Clearing & Settlement
    Phone: +49 341 24680-444
    E-mail: clearing@ecc.de