SEMOpx Rules definition

SEMOpx Rules means the set of rules pursuant to which EirGrid plc and SONI Limited agree to perform tasks of a nominated electricity market operator in Ireland, and to which participants in the SEM are required to accede in order to trade in such markets as are operated by that nominated electricity market operator, which rules were established by EirGrid plc and SONI Limited and approved by the Regulatory Authority by letter published on 30 June 2017, and as same may be amended from time to time.
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SEMOpx Rules has the meaning given in clause 3.1(a).
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SEMOpx Rules means the Exchange Rules approved by the Regulatory Authorities under the Market Operator Licences, as modified from time to time.
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Examples of SEMOpx Rules in a sentence

  • If a Market Disruption Event has occurred and is continuing during any Calculation Period (each hereinafter an "Affected Calculation Period"), then the Floating Price for that Affected Calculation Period and each Affected Calculation Period following consecutively thereafter shall be determined in accordance with the SEMOpx Rules or Procedures (as applicable) (“Alternative Floating Price Source”).

  • Under Section A.1.2.2 which sets out the principles for the SEMOpx Rules, part (d) states that the SEMOpx Rules should be ‘transparent, not unduly discriminatory, and promote market integrity and confidence’.

  • A.1 GENERAL PROVISIONS A.1.1 Purpose and contextA.1.1.1 These Procedures and Appendix A establish the detailed arrangements for trading on the Exchange.A.1.1.2 These Procedures are made under paragraph B.3.3.3 of the SEMOpx Rules.

  • G.1 CONFIGURATION, LICENCES AND SUPPORT G.1.1 Intellectual property and licencesG.1.1.1 Chapter H of the SEMOpx Rules sets out Exchange Member obligations, with section H.4 describing intellectual property and licence obligations.

  • Evidence has been provided in the application and separately verified through a review of the information published on the SEMOpx website and the requirements under the SEMOpx Rules and Operating Procedures, showing compliance with the requirement to publish information related to day-ahead and intraday market outcomes.

  • It has also provided evidence of the communication systems in place and routines for coordinating with the TSOs.The formal obligations regarding communications between NEMOs and the TSOs are set out in the SEMOpx Rules, Trading and Settlement Code and Agreed Procedures and at a working level more detailed agreements, technical linkages and procedures have been put in place.

  • In the application, it is stated that the main instrument for ensuring appropriate transparency and confidentiality agreements are in place is the SEMOpx Rules, which all Exchange Members and SEMOpx are bound by.

  • A.1.1 Purpose and contextA.1.1.1 These Procedures and Appendix A establish the detailed arrangements for trading on the Exchange.A.1.1.2 These Procedures are made under paragraph B.3.3.3 of the SEMOpx Rules.

  • Information is published under the requirements of CACM which relates to day ahead and intraday input data for operation of the MCO, initiation of fallback procedures, publication of market information from the MCO and delivery of results to individual market participants.It is also stated that the SEMOpx Rules and Operating Procedures require SEMOpx to publish member private and public information on the inputs and results from the day-ahead and intraday auctions and the intraday continuous market.

  • G.1.1 Intellectual property and licencesG.1.1.1 Chapter H of the SEMOpx Rules sets out Exchange Member obligations, with section H.4 describing intellectual property and licence obligations.

Related to SEMOpx Rules

  • FCA Rules means the Rules included within the FCA Handbook issued by the FCA.

  • PRA Rules means the Rules included within the PRA handbook issued by the PRA.

  • AIM Rules means the rules published by the London Stock Exchange governing admission to AIM and the regulation of AIM companies as amended or re-issued from time to time;

  • Network Rules means the operating rules of any Network, as may be amended from time to time and provided to Higher One in writing.

  • HIPAA Rules means the Privacy, Security, Breach Notification, and Enforcement Rules at 45 CFR Part 160 and Part 164.

  • QFC Stay Rules means the regulations codified at 12 C.F.R. 252.2, 252.81–8, 12 C.F.R. 382.1-7 and 12 C.F.R. 47.1-8, which, subject to limited exceptions, require an express recognition of the stay-and-transfer powers of the FDIC under the Federal Deposit Insurance Act and the Orderly Liquidation Authority under Title II of the Xxxx Xxxxx Wall Street Reform and Consumer Protection Act and the override of default rights related directly or indirectly to the entry of an affiliate into certain insolvency proceedings and any restrictions on the transfer of any covered affiliate credit enhancements.

  • School Rules means the rules of the School, a copy of the current version of which is provided to each child on entry and is sent to parents with the letter offering a place at the School, as those rules may be amended from time to time for legal, safety or other substantive reasons or in order to assist the proper administration of the School. Parents will be given notice of such amendments;

  • Market Rules means the rules, regulations, customs and practices from time to time of any exchange, clearing house or other organization or market involved in the conclusion, execution or settlement of a Contract any exercise by any such exchange, clearing house or other organization or market of any power or authority conferred on it.