Publication of T&SC I-SEM Operational Parameters - Credit Cover and Imbalance Settlement Decision
The SEM Committee has today, 02 June 2017, published a decision on Operational Parameters to apply from Go Live . The decision can be found here.
The Trading and Settlement Code requires the setting by the Regulatory Authorities (RAs) of a number of parameters proposed by the Market Operator in relation to the calculation and treatment of participants’ Required Credit Cover and matters related to Imbalance Settlement. This decision follows a consultation paper which was published on 3 February 2017 (SEM-17-009).