Market Definition Slovenia

MARKET DEFINITION
- Slovenia -
v3.0
Intraday Continuous Trading .......................... a manner of Trading on BSP,
where matching occurs during the Trading Phase,
whenever conditions for it emerge.
Invoice .............................. daily invoice for energy purchase or sale and daily invoice
for the service for the collection or receipt of excess
energy.
Market ............................... a market operated by BSP.
Market Coupling ............... a mechanism for the coordination of two or more energy
markets of neighbouring areas that integrates the
management of the interconnector capacity between the
areas and the energy trading.
Market Order .................... an either sell order, buy order, Predefined Order or User
Defined Order entered into BSP Trading System
concluded in a Transaction at any price defined in
Products Definition.
Market Participant ............ an Exchange Participant that has been admitted to an
individual Market.
Market Participation ......... the right to participate in Trading in the individual Market.
Market Supervision .......... the Exchange Body responsible for the supervision and
surveillance of the trading operations and of the rights
within the Trading System.
Members Chamber........... an Exchange Body established in accordance with the
Rules.
Multilateral Clearing Mechanism .................... a clearing mechanism provided by
BSP as a central counterparty to all financial rights and
obligations from the Transactions cleared within, resulting
in a single netted financial right and/or obligation of an
individual party of any number of such Transactions in
relation to that central counterparty.
Non-Business Day ........... each Saturday, Sunday or any other public holiday in
Slovenia or in Italy on which bank transfers cannot be
provided. For Slovenian Electricity Market Non-Business
Days are defined in Annex no.1.
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