Spot Markets
ECC’s trading limit services allow Clearing Members to set trading limits at Partner Exchanges through ECC as a central intermediary.
Trading Limits for ECC Spot Markets are pre-trading limits, i.e. implemented by ECC’s Partner Exchanges in their respective trading systems. Therefore, the Trading Limits for ECC Spot Markets fully rely on the available functionalities of the trading systems respectively the relevant rules and regulations governing the trading processes.
New trading limits and changes to existing limits can only be submitted by authorized persons. To authorize persons the form T10 "Application for setup/modification/deletionof user-IDs and of user for ECC risk management services" is to be used.
The following table provides an overview of limit implementation on ECC-cleared Spot Markets.
Exchange | Market | Limit Type |
---|---|---|
| Emissions Primary Market Auction Trading | Financial Limit |
Emissions Secondary Market Continuous Trading | - | |
Emissions Primary Market nEHS Sell-Off | Financial Limit | |
Guarantees of Origin Auction Trading | Financial Limit | |
Natural Gas Spot Trading | Financial Limit | |
| ||
Power Spot Auction Trading for continental and UK market areas | Financial Limit (in EUR or GBP) | |
Power Spot Continuous Trading | Financial Limit | |
Power Spot Continuous Trading GB | Financial Limit | |
| Financial Limit | |
Technical Quantity Limit | ||
| Power Spot Hourly Auction Trading | Financial Limit |
Power Spot Continuous Trading | Financial Limit | |
| Power Auction Trading | Financial Limit |
![]() | Power Spot Auction Trading | Financial Limit |
For further details regarding ECC’s Risk Limits Services, please refer to the ECC Risk Management Services Manual linked in the teaser below.