CreditThu, Feb 04, 2021 09:58 AMM-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.
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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