ECC default fund threshold - possible exceeding by the end of August

Dear Clients,

As a result of recent and foreseen increases in energy prices (electricity, natural gas, emissions), the amount of KELER CCP’s contribution to the ECC default fund is expected to rise above the threshold of EUR 10,000,000 by the end of August. KELER CCP is entitled to forward the default fund contribution to the Energy Market Non-clearing Members in a proportionate manner (forwarded ECC default fund) if the threshold published in the relevant Announcement is exceeded.

Please find more information in the attached Client Information.