Glossary
P076 – Anomolies Associated with Negative Quantities of Credit Cover
Formal title: Anomolies Associated with Negative Quantities of Credit Cover
Current Status
Submission
Initial Written Assessment
Assessment Procedure
Report Phase
With Authority
Awaiting Implementation
Implemented
Summary
This proposal seeks to address anomalies that arise in the Credit Cover calculation when unpaid Trading Charges cause a Party’s Credit Cover to become negative.
Progression
The Authority approved the Alternative Modification on 2 October 2002.