you're reading...

More documents from ACER – and transaction reporting FAQ contents

Following the publication of several documents by ACER last week(see here), the latest version of the “REMIT Quarterly has been published, which can be found here. The newsletter focuses on data collection and the efforts around it so far. It also reminds of the forum to be held in Ljubljana at the beginning of September.

The Transaction Reporting FAQ contained several new answers, as well as three minor updates to the wording of previous questions. In summary the questions are as follows:

  • Q 1.1.33 [p33] – Changes to the ACER code of an entity mid contract.
  • Q 1.1.34 [p33] – Start date to use in a novation.
  • Q2.1.29 [p59] – How to report cross border trades from XBID.
  • Q 2.4.11 [p104] – how to report an order/trade mistakenly entered.executed on a trading venue.
  • Q 3.1.51 [p159] – Whether to report a contract that arises out of temporary local supply.
  • Q 3.1.52 [p160] – how to report “reverse” sales in a sales/purchase contract.
  • Q: 3.2.15 [p178] – How to report changed “table 2” contracts.
  • Q: 3.5.7 [p187] – When to use the “previousUniqueTransactionIdentifier” XML tag.
  • Q: 3.4.9 [p182] – Whether to report “zero” executions.
  • Q: 4.2.23 [p211] – How to report transportation contracts which were changed as part of the capacity conversion process.

Questions 2.4.10, 3.1.50 and 3.3.2 were updated with very minor wording changes.

Subscribers of ETR Advisory’s Regulatory Support Service (see here) will have received a full commentary on the changes.




About avivhandler

Aviv is the Managing Director of ETR Advisory, a niche consultancy focused on the regulation of the commodity, energy and financial markets. He has more than 23 years of experience in the financial, energy and commodity markets, covering regulatory compliance, credit, risk and financial technology. Prior to founding ETR, he was Partner at SunGard Global Services, where he built a Centre of Excellence in European Energy and Commodity Regulation. Before that, he founded Coherence, a consulting firm specializing in credit risk in commodity and energy trading as well as software product management. The credit practice ultimately became part of Sirius Solutions, where he was the Managing Director of Europe. He has also held management roles at KWI and Iris Financial, among other organizations. Mr. Handler holds a degree in computer science from Imperial College, University of London.


No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s