ECC clearing arrangements over the Christmas period
Affected Period
Dec 2019 - Jan 2020
Status
Closed
Category
SEMOpx
Run Type
Created
Last Updated
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