ECC Clearing Circular 39/2023 | UK Delivery Risk Parameter Update in EPEX trading limit systems and DCP Limit Calculation

    As of 1 November 2023, the trading limit systems M7 and ETS will use an updated price independent delivery risk parameter for the EPEX UK spot market. The updated parameter will also be considered in the DCP limit calculation and will be valid for the duration of the following month.

    The “UK intraday trading offset” has been updated to 0.7.

    The new parameters applicable will be:

    ParameterCurrentNew
    UK Price Independent Delivery Risk Parameter in
    GBP for Continuous Trading in M7 (Sell only)
    94106
    UK Price Independent Delivery Risk Parameter in
    GBP for Auction Trading in ETS (Sell only)
    156151
    UK Price Independent Delivery Risk Parameter in
    GBP for DCP limit calculation (Sell only)
    156151

    All other trading limit configurations remain unchanged.

     

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