EU energy sector gets clarifications on obligations for algorithmic trading notifications
( July 30, 2024, 11:22 GMT | Official Statement) -- MLex Summary: The EU energy sector has received information from the EU Agency for the Cooperation of Energy Regulators (ACER) on new notification obligations for market participants under the revised Regulation on Wholesale Energy Market Integrity and Transparency (REMIT). In an open letter released today, ACER clarified the obligations for market participants to notify national regulatory authorities, as well as ACER itself, of their usage of algorithmic trading and direct electronic access. It also set out examples of activities that fall under the obligations.Statement follows. The letter is attached....
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