Virtual Credit Exposure definition

Virtual Credit Exposure means the amount of potential credit exposure created by a market participant’s bid submitted into the Day-ahead market, as defined in Tariff, Attachment Q.
View Source
Virtual Credit Exposure means the amount of potential credit exposure created by ▇
View Source
Virtual Credit Exposure meansbe the amount of potential credit exposure created by a market participant’s bid submitted into the Day-ahead market, as defined in Tariff, Attachment Q.
View Source

Examples of Virtual Credit Exposure in a sentence

  • See also: “Working Credit Limit.” Virtual Bid Screening is the process of reviewing the Virtual Credit Exposure of submitted Day- Ahead market bids, as defined in this policy, against the Credit Available for Virtual Bidding.

  • Virtual Credit Exposure is the amount of potential credit exposure created by a market participant’s bid submitted into the Day-ahead market, as defined in this policy.

  • The credit screen process will automatically reject Virtual Transactions submitted by the Market Participant in a customer account if the Market Participant’s Credit Available for Virtual Transactions, allocated on a customer account basis, is exceeded by the Virtual Credit Exposure that is calculated based on the Market Participant’s Virtual Transactions submitted, as described below.