General information about our service
Are the services mandatory for members?
None of the services offered are mandatory. Members are free to implement their individual reporting solutions, provided that they report through the OMP concerned, or through trade matching or trade reporting systems in accordance with article 6.1 of the Implementing Regulation. The services are an offer to members who wish to delegate all or part of their REMIT transaction reporting obligations to the respective OMP(s).
Which services are offered?
One basic service is offered by all OMPs. Further additional services are offered depending on the individual OMP. Data is provided/reported as in the possession of the OMP, and to the extent as stipulated in Table 1, Annex of the Implementing Regulation.
REMIT Data Services
Basic Service: Provision of REMIT Data File to the Market Participant on the Contracting Party’s SFTP/FTPS Server or by other appropriate means for individual download by the Market Participant on the working day following the conclusion of the contract or the placement of the order.
Additional Service 1 (requires subscription to the Basic Service): Transfer of REMIT Data File by the Contracting Party to ACER on behalf of the Market Participant in a complete, accurate and timely manner in consistence with REMIT, the Implementing Regulation and the latest procedures, standards and electronic formats published by ACER.
Additional Service 2 (requires subscription to the Basic Service): Provision of REMIT Data File by the Contracting Party to ElCom interface on the working day following the conclusion of the contract or the placement of the order.
Additional Service 3 (requires subscription to the Basic Service): Provision of REMIT Data File by the Contracting Party to EFETnet interface on the working day following the conclusion of the contract or the placement of the order.
A common REMIT Data Services Agreement is ready for download via each of the OMP’s websites, or provided upon request. The agreement is a prerequisite for the delegation of reporting to the OMPs mentioned, or a selection thereof.
Which data is reported?
The service includes all trades concluded on any of the power and natural gas markets of EEX, EPEX SPOT, Gaspoint Nordic and Powernext, as well as all relevant orders. Trades entered via the trade registration function are also considered to be exchange trades and are therefore reported as well.
Whom is the service addressed to?
The services as described in the Agreement are available to all trading participants, admitted as members to trading at all or a selection of the OMPs.
Since 7 April 2016, the reporting infrastructure also covers bilateral OTC transactions, both standard and non-standard. This service is open to all market participants, independently of their admission status.
Which IT solution is used for reporting?
EEX has expanded its reporting application which had already been used for the forwarding of fundamental data to ENTSO-E.
Are all trades reported, including those that have already been reported under EMIR?
With ACER’s approval, EEX, Gaspoint Nordic and Powernext report all orders and trades, including those that have already been reported under EMIR. Due to several differences between the reporting requirements of EMIR and REMIT, this approach is expected to be more straightforward for all parties concerned.
Unique Trade Identifier (UTI) and Unique Order Identifier (UOI)
Where are UTIs and UOIs provided?
The rule specified by ACER for UTIs expects a unique UTI for each trade reported by an RRM. The UTI cannot be retrieved from the trading system as the same ID might appear for different trades in different trading systems. Therefore, simple rules for the UTI and UOI generation based on the system IDs have been implemented.
UTIs and UOIs are provided in the ACER xml files of the Basic Service.
Which are the UTI and UOI algorithms?
The UTIs have a total length of 42 characters each and have the following components:
- OMP ID [11 characters]
- UTI Type Indicator [1 character]
- Trade Type Indicator [1 character]
- Trade Date [8 characters]
- Trade ID [11 characters]
- Suffix [10 characters]
In case of errors, is there any action expected from members?
In the framework of the ACER reporting service, the OMPs continuously monitor the reporting process and take action in case of error messages.
Do members receive the ACER acknowledgement messages?
The information contained in ACER’s response messages is matched with the messages of the ACER xml. This information is available via the Webaccess.
Data access: EEX, Gaspoint Nordic and Powernext
How can members get access to their data?
For members who have selected the basic service, access to an FTPS is provided. The ACER xml files containing the relevant data are placed on this FTPS. Members can retrieve the data by pulling the files from there.
In addition, members get access to an internet-based Webaccess. This allows members to track their reporting status, and to retrieve the data that has already been reported.
When is the data available?
The ACER xml files are available on the working day following the conclusion of the contract or the placement of the order, by 11.00. The files are produced on a continuous basis and are therefore generally available before the indicated time.
How can members get access to the Webaccess?
Login details to the Webaccess are provided via email to the contact persons as stated in the REMIT Data Services Agreement.
What data is available via the Webaccess?
A general overview shows the reporting status of the respective reporting day, the previous reporting day, and of the preceding five reporting days. The status includes the responses from ACER, and is updated with a delay of several minutes.
Members can access all data that has been reported on their behalf via the Webaccess. This includes the data contained in the ACER xml files, but also relevant information about the reporting status, modifications etc.
A search functionality enables users to retrieve their data, and to show selections of orders and trades according to specified criteria. In addition, users can search for individual orders and trades. Results of such queries can be exported into a csv file.
The Webaccess is available in English, French and German.
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