Settlement Process (Advance)
- Day-Ahead Market and Intraday Market settlement process,
- On business days, Day Ahead Market and Intraday Market Settlement Notifications, Advance Payment and Collateral, Cash Collateral amounts are announced to Market Participants and Central Settlement Bank (Takasbank) until 2:30 pm.
- On official holidays; Day Ahead Market and Intraday Market Settlement Notification are provided to be displayed by the participants through screens until 2:30 pm. Notification of Advance payment, Collateral, Cash Collateral amounts related to DAM and DIM trade on public holidays is made to the Central Settlement Bank (TAKASBANK) on the first business day following the holiday.
- Advance payments made to the Central Settlement Bank (TAKASBANK) are made by the participants until 3:00 pm the next business day and by the market operator EPİAŞ until 5:00 pm the next business day.
- Settlement calculations in the Day-Ahead Market and Intraday Market advance notifications include the related trade from the day of the calculation to the day ended.
