Operational Parameters Consultation Paper 2021

17 September 2020

Operational Parameters Consultation Paper 2021

Under the terms of the SEM Trading and Settlement Code (TSC) Part B, the Regulatory Authorities (RAs) shall determine certain parameters proposed by the Market Operator (MO) in relation to the calculation and treatment of participants Required Credit Cover and matters related to Imbalance Settlement.

In May 2020, the RAs requested the MO to review the following parameters utilised in

  1. The calculation of Required Credit Cover;
  2. Imbalance Settlement; and
  3. Price Materiality Threshold

On 21st August 2019, the RAs received reports from the MO outlining their recommendations for the proposed values for the above parameters. The purpose of this consultation paper is to invite comments on the MO proposals as summarised in this paper and detailed within the MO reports which accompany this paper (SEM-20-065a, SEM-20-065b and SEM-20-065c).

The links to the document can be found here

All comments should be received by close of business on 16th October 2020. A final decision on the parameters consulted upon this paper is due to be published in November 2020.