Credit

Thu, Feb 04, 2021 09:58 AM

M-B020221-02 Update - Issue Identified for Futures Prices used in Forward Adjustment Factors


NOTICE DATE: February 4, 2021

NOTICE TYPE: M-B020221-02 Financial / Credit

SHORT DESCRIPTION: Update - Issue Identified for Futures Prices used in Forward Adjustment Factors

INTENDED AUDIENCE: All Counter-Parties

DAYS AFFECTED: January 30 – 31, 2021

LONG DESCRIPTION: On February 2, 2021, ERCOT issued a Market Notice notifying Market Participants that ERCOT identified a misalignment between ERCOT and Intercontinental Exchange (ICE) systems that impacted the calculation of the Estimated Aggregate Liability (EAL) and Minimum Current Exposure (MCE) components of Total Potential Exposure (TPE) for January 30 – 31, 2021. The issue was resolved on February 3, 2021.

ADDITIONAL INFORMATION: Please review the ERCOT website for previous Market Notices related to this subject.

CONTACT: If you have any questions, please contact your ERCOT Account Manager. You may also call the general ERCOT Client Services phone number at (512) 248-3900 or contact ERCOT Client Services via email at ClientServices@ercot.com.

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