[ExC_01]: Thresholds reached - Reopening of the order books

Published:

Dear Market Participants,

Due to the exceeding of the predefined price thresholds, a Second Auction is triggered.

Consequently, the NEMO order books will be reopened at 12:50 for exactly 15 minutes.

Therefore, the publication of the Market Coupling Results is delayed.

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High / low prices are detected for the following bidding areas and hours:

Bidding area

The Netherlands (NL)

Disclaimer for entering or modifying orders:

In case a Second Auction is triggered, an Exchange Member is authorized to adjust its orders according to the following rules:

a)        For all hour(s) for which thresholds have been reached:

 -          In case of high prices: add sale volumes, remove purchase volumes, lower the prices of the sell and/or purchase Orders;

-          In case of low prices: add purchase volumes, remove sale volumes, increase the prices of the sell and/or purchase Orders.

b)       For all hour(s) for which thresholds have not been reached:

-          Order modification is authorized if the Exchange Member can justify its intention to improve the situation of the Market Area and hour(s) for which thresholds have been reached.

Disclaimer: The Timings are expressed as CET timings.

We advise you to update your shadow bids at JAO eCAT platform before 14:10.