Energy Market

Energy Market Non-clearing Member
Energy Market Non-clearing Member
Definition The Energy Market Non-clearing Member has trading right and is entitled to trade and clear for own account.
Liability The Energy Market Non-clearing Member is liable to KELER CCP for the settlement of all the trades it clears.
Legal relationship The Energy Market Non-clearing Member has direct legal relationship with KELER CCP, thus in case of default by other Energy Market Non-clearing Members it can make use of the guarantee undertaking by KELER CCP.
Capital requirement HUF 75 million, uniformly for all markets.