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Q&As on REMIT – Question III.3.15.

What is the definition of ‘trade matching system’ under REMIT?


Answer:

It is the Agency’s understanding that a ‘trade matching system’ according to Article 6(1) of Commission Implementing Regulation (EU) No. 1348/2014 means a third party electronic matching system to match wholesale energy contract transactions, including the matching system for buy and sell orders to match transactions in a wholesale energy product. This includes e.g. third party trade confirmation systems.

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