EBI has registered the commodity products offered on the Trading Platform with ACER as part of the OMP registration process.
The commodity products offered on the Trading Platform for electronic trading are spot products with physical delivery.
Customers have a right under REMIT legislation to request EBI, as a registered OMP, to provide transaction and order lifecycle data to ACER. Such data is provided to ACER in accordance with the terms of a REMIT Reporting Agreement.
EBI is delighted to be able to offer the following service to customers:-
- Life-cycle order and transactional data is captured by EBI’s Trading Platform at the end of each Trading Day and is then transposed into the XML format (as specified by ACER).
- This data is then transferred from EBI to the customer’s REMIT Reporting Mechanism (RRMs) for onward transmission to ACER.