Training Video on Credit and Credit Default


This page contains training videos and training materials on Credit and Credit Default. This training will be of interest to customers who want to understand the Credit Cover arrangements and in particular new BSC Parties before they register their first Balancing Mechanism (BM) Unit.

What is covered in these training videos

  • Why BSC Parties need Credit Cover
  • The calculation of Credit Cover
  • Credit Default
  • Consequences of Credit Default
  • Payment Default
  • Preparing to trade – Credit Cover preparation for new BSC Parties


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