ECC clearing arrangements over the Christmas period

Affected Period
Dec 2019 - Jan 2020

Status
Closed

Category
SEMOpx

Run type

Created
27/11/2019 12:41

Last Updated
27/11/2019 12:46

ECC have issued Clearing Circular No. 50/2019 which includes information on the clearing and settlement processes over the end of year period.

Relevant sections related to SEMOpx are:

End of Year Processes (page 4)

Financial Settlement of Spot Market Transactions (page 4)

Holiday Adjustment Initial Margin Spot Market on 24th December 2019 (page 5)

Business Processes on 24th and 31th December 2019 (page 5)

Reporting Procedures on all holidays and at the weekends (page 5)

Appointment of a Contact Person (page 6)

In case of any questions, ECC can be contacted at clearing@ecc.de