BME CLEARING enables trades to be registered (Trade Register) as transactions directly agreed among Members (or among Account Holders) as below:
BME – PC Energy
The Member registers a trade which counterparty is another member. BME CLEARING sends the notification to the other counterparty requesting acceptance of the trade. The counterparty member has to accept the trade.
Gas trades are sent through Trayport by the OTF, and registered directly at BME CLEARING, ie. no further confirmation is needed.
Those trades are taken into account in BME CLEARING's Intra-day Risk Calculation for each counterparty.