III.3.15.

What is the definition of ‘trade  matching system’ under REMIT?

Answer: It is the Agency’s understanding that a ‘trade matching system’ according to Article 6(1) of Commission Implementing Regulation (EU) No. 1348/2014 means a third party electronic matching system to match wholesale energy contract transactions, including the matching system for buy and sell orders to match transactions in a wholesale energy product. This includes e.g. third party trade confirmation systems.