Clearing for UK, Dutch and Belgian power spot markets successfully migrated to ECC
The clearing for the power spot markets in the United Kingdom, the Netherlands and Belgium has successfully been migrated from APX to European Commodity Clearing (ECC) on 31 March 2016. Thus all power spot markets operated by EPEX SPOT and its affiliates covering Central Western Europe (CWE) and the UK now benefit from one central clearing.
The migration follows the announcement of the integration of APX and Belpex into the European Power Exchange EPEX SPOT in April 2015 and paves the way to harmonise power spot markets in CWE and the UK. All efforts will now focus on the migration of the trading systems in the Netherlands and Belgium towards ETS for Day-Ahead and M7 for Intraday markets, scheduled to take place at the end of 2016. ….