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    Settlement, Receivings and Payments in the Day Ahead Market

    Documents available only in Romanian

    The settlement activity in the Day Ahead Market is performed according to:

    The central counterparty mechanism involves the deployment of the following activities
    The receivings /payments mechanism
    The Invoicing

    The invoices are compiled on monthly basis, in the last day of the trading month for the current month and are submitted in the first 15 days of the following trading month.

    The compensation

    If in some days of the the trading month, the DAM participant registered sell trades and buy trades, the equal values of the receiving rights and payment obligations registered at the end of the month are compensated.

    For more information regarding the Settlement download please the attached document download PDF

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