Changes to Detailed clearing rules for the markets operated by TGE S.A.

Dear Sir or Madam,

We would like to inform you that on the IRGiT website (www.irgit.pl/rynek-towarowy/en/regulations/detailed-clearing-rules), the new unified text of "Detailed clearing rules for the markets operated by TGE S.A." was published, which will enter into force on November 14, 2017.

New "Detailed clearing rules…" introduce a historic margin that will be used by the IRGiT to secure the settlement of transactions entered into the SAPRI transactional system from the date of its launch by the Polish Power Exchange. Until the SAPRI system is activated, historic margin records will not be used.

If you have any questions, please contact us:

Risk Management Department: dzr@irgit.pl,+48 22 341 99 67
Clearing and Settlement Department: drr@irgit.pl,+48 22 341 99 80