Market Operations. 1 1.1 Introduction....................................... 1 1.2 Cost-based Offers.................................. 1 1.3 Definitions........................................ 1 1.3.1 Dispatch Rate.................................... 1 1.3.2
Market Operations. Changes in the eligibility of marketable debt instruments issued or guaranteed by the Republic of Cyprus On 28 June 2013 the Governing Council decided to temporarily suspend the eligibility of marketable debt instruments issued or fully guaranteed by the Cypriot government for use as collateral in Eurosystem monetary policy operations. This decision takes into account changes in the credit rating of the Republic of Cyprus as a result of the transactions announced by the Ministry of Finance of the Republic of Cyprus on 27 June 2013. The related Decision (ECB/2013/21), together with a press release, was published on the ECB’s website on 28 June 2013. On 5 July the Governing Council acknowledged the upgrades of credit ratings of the Republic of Cyprus following the successful completion on 1 July 2013 of the above-mentioned transactions and decided that marketable debt instruments issued or fully guaranteed by the Republic of Cyprus shall again constitute eligible collateral for the purpose of Eurosystem monetary policy operations as of 5 July 2013, subject to specific haircuts. The related Decision (ECB/2013/22), together with a press release, was published on the ECB’s website on 5 July 2013. Review of the risk control measures in Eurosystem credit operations On 17 July 2013 the Governing Council approved amendments to the risk control measures for assets eligible for use as collateral in Eurosystem credit operations. These amendments stem from the biennial review of the Eurosystem risk control framework. The changes will become effective once implemented with the relevant legal acts. A press release detailing the measures was published on the ECB’s website on 18 July 2013. Payment systems and market infrastructure Second report on card fraud On 11 July 2013 the Governing Council took note of the second report on card fraud, prepared by the Payment and Settlement Systems Committee, and authorised its publication on the ECB’s website. The report, together with a press release, was published on the ECB’s website on 16 July 2013.
Market Operations. SPP administers an Integrated Marketplace, monitors resource/load balance and ensures that less expensive power is used to serve load before expensive power, all while ensuring system reliability is met.
Market Operations. The Market Operations group provides support and service to internal BGC employees and their customers. Responsibilities include: • First level technical and functional support for front-end applications, external and internal customer support, Trade Support Reconciliation, Middle Office Support, STP Support; • User permissioning (access and static settings permissioning); • Instrument maintenance; and • Front, Middle and Back Office Advance Support, Capacity Planning, Release Control, System Implementation (hardware & software), Trade Position analysis and reconciliation, Business and Product specialist, System Design, System DR Planning and Testing, manual static implementation, System and Application monitoring. Infrastructure Infrastructure’s responsibilities include the design, management and operation of our global voice and data network, data centres and all systems upon which the company conducts its business. The global Infrastructure team is comprised of the following groups: Market data • The Market Data team support and administer all Market Data and Financial exchange connectivity used by the businesses. Infrastructure design and security • Infrastructure Design and Security are responsible for Information Security, Network Architecture and Engineering, Systems Monitoring and Enterprise Architecture.
Market Operations. 57 1.1 Introduction..................................................... 57 1.2 Cost-based Offers................................................ 57 1.3 Definitions...................................................... 57 1.3.1 Day-ahead Energy Market................................. 57 1.3.1A Day-ahead Prices....................................... 57 1.3.1B Decrement Bid.......................................... 57 1.3.1C Dispatch Rate.......................................... 58 1.3.2
Market Operations. The Market Operations group provides support and service to internal employees and their customers. Responsibilities include: • First level technical and functional support for front-end applications, external and internal customer support, Trade Support Reconciliation, Middle Office Support, STP Support; • User permissioning (access and static settings permissioning); • Instrument maintenance; and • Front, Middle and Back Office Advance Support, Capacity Planning, Release Control, System Implementation (hardware & software), Trade Position analysis and reconciliation, Business and Product specialist, System Design, System DR Planning and Testing, manual static implementation, System and Application monitoring. SCHEDULE 2 Sharing Office Space
Market Operations
