GFM Settlement Process
Settlement
The trades made in the Natural Gas Futures Market (GFM) during the period are settled monthly on a gas day basis. Settlement is performed simultaneously with the transfer of netted allocations and related data to the Spot Natural Gas Market Platform (SGM).
Critical dates for the Settlement and Billing process can be accessed via the link (https://www.epias.com.tr/en/spot-natural-gas-market/process/process/invoicing/ ).