All trades are settled and cleared via our international clearing partner ECC.
Trading Participants benefit from ECC’s network of partner exchanges, clearing banks and TSO’s thus exploiting the entire netting and cross-margining potential in the course of settlement.
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PEGAS cooperates with the European Commodity Clearing (ECC) regarding clearing and settlement of trades conducted at PEGAS.
ECC acts as central counterparty and handles all aspects related to clearing and settlement:
ECC makes relevant reports on physical and financial settlement as well as invoices available for the Trading Participants through the ECC Member Area.
All PEGAS Trading Participants must enter into a Non-Clearing Member Agreement with ECC before commencing trading.
Prevailing conditions for clearing are available at ECC.de