Changes to The Detailed Clearing Rules for the markets operated by the Polish Power Exchange (TGE S.A.)

In connection with the completion of settlements and clearing of the last series of the forward contracts concluded on the Commodity Forward Instruments Market of the Polish Power Exchange with Certificate of Origin Property Rights as the underlying instruments, and a change to the Detailed rules for trading and clearing regarding the list of indices calculated for the Day-Ahead Market, IRGiT has amended the Detailed Clearing Rules for markets operated by the Polish Power Exchange (TGE S.A.). The wording of the document was amended by:

  • replacing the names of the indices IRDN24, IRDN8.22 and IRDN23.7 with the names of TGeBase, TgePeak and TgeOffpeak, respectively,
  • removing the provisions governing market management and clearing and settlement of transactions concluded on the Commodity Forward Instruments Market for Property Rights (CFIMPR).

Changes to The Detailed Clearing Rules for the markets operated by the Polish Power Exchange (TGE S.A.) will come into force on the day of July the 31st 2019. You may find them here: www.irgit.pl/rynek-towarowy/en/regulations/detailed-clearing-rules