Clearing Circular 24/2018 | Migration financial settlement for BoM Products

    At 29 November 2018 ECC will change the financial settlement for Balance-of-Month (BoM) future contracts with physical fulfilment. This affects all physically settled Powernext futures on Natural gas and the physically settled EEX futures on Slovakian Power as well as the fulfilment products of Phelix-DE/AT OTF Futures. The change will align the settlement procedure of physical BoM futures with usual Spot Market settlement or the optional physical fulfillment of financial futures.