When the last Open Position is closed and there is no Price Gap or Price Gap on the Market Opening the Company shall guarantee that the execution of Stop Out for the last position will not result in Negative Equity (i.e., below zero) on the Client’s trading account.
placing on the market means the first making available of a product on the Union market;
making available on the market means any supply of a product for distribution, consumption or use on the Union market in the course of a commercial activity, whether in return for payment or free of charge;
Day-ahead Energy Market means the schedule of commitments for the purchase or sale of energy and payment of Transmission Congestion Charges developed by the Office of the Interconnection as a result of the offers and specifications submitted in accordance with Operating Agreement, Schedule 1, section 1.10 and the parallel provisions of Tariff, Attachment K-Appendix.
Day-ahead System Energy Price means the System Energy Price resulting from the Day- ahead Energy Market.
Day-ahead Congestion Price means the Congestion Price resulting from the Day-ahead Energy Market.
Spot Market Energy means energy bought or sold by Market Participants through the PJM Interchange Energy Market at System Energy Prices determined as specified in Operating Agreement, Schedule 1, section 2, and the parallel provisions of Tariff, Attachment K-Appendix, section 2.
Price means an amount of money tendered for goods or services, and includes all applicable taxes less all unconditional discounts;
Real-time Energy Market means the purchase or sale of energy and payment of Transmission Congestion Charges for quantity deviations from the Day-ahead Energy Market in the Operating Day.