Upcoming Orthodox Easter Holidays – invoicing and settlement

Dear IBEX members,

With regard to the longer sequence of non-working days during the upcoming Orthodox Easter (22nd – 25th April) we would like to remind you that pursuant to art. 231 of the Power exchange operational rules the available collateral of trading participants intending to make purchases at positive prices and/or sales at negative prices has to be higher than the total liability to the operator, and the available collateral shall be equal or higher than the net incurred liability to the operator at any time.

In this regard we appeal that you take timely action in case updating of collateral and/or a prepayment is needed. 

You could find the invoicing and payment schedule during the upcoming holidays in the table below.