BSP SouthPool launches Day-ahead OTC Clearing

As of 8 July 2009 BSP SouthPool exchange members get direct access to the OTC clearing facility in the markets they participate in.

The trading hours on the Serbian day-ahead market are going to be extended since 8 July as well; therefore the market is going to be opened from 8:00 a.m. until 12:00 p.m. CET. On the Slovenian day-ahead market the trading hours remain the same (from 8:30 a.m. until 10:00 a.m.). Within aforementioned periods set forth for both markets OTC transactions can also be submitted for clearing.

In order to promote trading, BSP SouthPool has set uniform clearing fee for OTC transactions to €0.08/MWh, with no additional costs charged to the BSP SouthPool market participants.

The introduction of the abovementioned changes shall be governed by the new rules (Trading Rules, Market Definition – Serbia, Market Definition – Slovenia, Price List) entering into force on 8 July 2009.

New rules are availabe on the following link:

Documents

OTC Brochure

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