Adjustment to the risk indicator

Dear trading participants,

Hereby, we would like to inform you that due to the changed market conditions, Independent Bulgarian Energy Exchange EAD (IBEX EAD) has adjusted the risk price used in our margin model for the calculation of collateral calls on the day ahead and intraday market segments. The new value of the risk price, as of 1/10/2021, is 145 euro. The value of the other risk parameter – the day factor, remains unchanged.

You could find the updated versions of Instruction No4 “Method for calculation of required collateral” and collateral call calculator on the IBEX website.

The adjustment implemented is in line with Art. 229 of the Power exchange operational rules.