REMIT reporting approaches...
Thursday, 15 January 2015 21:05

REMIT-caution

 

So, given that the final TRUM is already adopted and published, the key point for any engaged in energy trading is now to establish whether:

(1) the trading platform at issue qualifies as an "organised market place", and

(2) the contract at issue is a "standard contract" or a "non-standard" one.

 

While the former determination looks like not so difficult (but, sometimes, surprising), the latter appears quite a complex task.

 

Finally, the identification of "non-standard contracts specifying at least an outright volume and price" (for which specific reporting rules apply) is really a puzzle!

 

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