Market Rules 

 The Market Rules consist of the latest approved Trading and Settlement Code, Agreed Procedures and any 'approved' Modifications which have not yet been incorporated into the main body of the Code or the Agreed Procedures (see Approved Modifications at the Modification Proposals page). It is important to note: a Modification may become effective before the published draft of the Code is amended to include the Modification. Please see Modification Proposals currently in effect on the baseline below.

Trading and Settlement Code v13.0

Published on 13th May 2013

• SEM Trading & Settlement Code (1.0MB)
• SEM Trading and Settlement Code Appendices (429KB)
• SEM Trading and Settlement Code Glossary (146KB)
• SEM Trading & Settlement Code Marked Up (1.0MB)
• SEM Trading and Settlement Code Appendices Marked Up (435KB)
• SEM Trading and Settlement Code Glossary Marked Up (148KB)

Agreed Procedures

• AP01: Participant and Unit Registration and Deregistration (838KB)
• AP02: Interconnector User Capacity Right Calculation and Dispatch Notification (207KB)
• AP03: Communication Channel Qualification (368KB)
• AP04: Transaction Submission and Validation (246KB)
• AP05: Data Storage and IT Security (125KB)
• AP06: Data Publication and Data Reporting (178KB)
• AP07: Emergency Communications (673KB)
• AP09: Management of Credit Cover and Credit Default (1.0MB)
• AP10: Settlement Reallocation (649KB)
• AP11: Market System Operation, Testing, Upgrading and Support (369KB)
• AP12: Modifications Committee Operation (161KB)
• AP13: Query Generation (1.0MB)
• AP14: Disputes (126KB)
• AP15: Invoicing (553KB)
• AP16: Provision of Metered Data (339KB)
• AP17: Banking and Participant Payments (141KB)

Mods Currently in Effect on the current Baseline

	Mod Id	Modification Title	Effective Date