ACER issues guidance on wash trades

ACER yesterday issued this guidance note which provides a detailed examination of scenarios that are considered to be “wash trades” and therefore illegal under REMIT. The document looks at different scenarios which are considered wash trades, spanning one or more parties, thus also covering “pre-arranged trading” and “circular trading”. It provides guidance as to when … Continue reading → Source: Energy Trading Regulation – ACER issues guidance on wash trades

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