Clearing Circular 24/2023 | Go-Live of SEEPEX Intraday Continuous Market

    Summary

    With the ECC Clearing Circular No. 19/2023 “Introduction SEEPEX Intraday Continuous Market” we informed about offering clearing services for the Serbian Intraday Continuous Power products traded at SEEPEX a.d. Beograd (SEEPEX). Trading for SEEPEX Intraday Continuous Power products will start on Tuesday, 25 July 2023 at 10:00 CE(S)T.

    The Clearing Fee for Serbian Intraday Continuous Power products traded at SEEPEX will be set at 0.050 EUR/MWh.

    With the launch of the SEEPEX Intraday Continuous Market, ECC together with SEEPEX offers financial trading limits. Clearing Members shall set the initial trading limits for their Non-Clearing Members before the go-live. The possibility to set trading
    limits will be available within the ECC Member Area approximately one week prior to the go-live. If the Clearing Member does not set a limit for a Non-Clearing Member, the respective Non-Clearing Member will not be able to trade (default limit is zero). Detailed information regarding the new products, the settlement processes and the preconditions for participation can be found within the ECC Clearing Circular No.19/2023.

     

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