SRA Secondary Trading Consultation

Market Settlements Residue Auction
StageFinal Report
ConvenorAEMO NEM
Accepting submissions?No

Date of Notice: 30 January 2019

The Settlements Residue Committee have approved the amendments to the Settlement Residue Auction Rules (Auction Rules) to implement secondary trading. This includes amendments to the Auction Participant Agreement and Settlements Residue Distribution Agreement.

This approval is in accordance with 3.18.5(b)(2) of the National Electricity Rules (NER), where AEMO has conducted the consultation in accordance with the Rules consultation requirements detailed in rule 8.9 of the NER.

The final report and final version of the Auction Rules are available at the links below.

The new version of the Auction Rules and associated agreements is targeted to be in effect from 1 July 2019. AEMO will publish a notice at least 15 business days prior to the effective date to make the Auction Rules, and communicate this to all participants.

AEMO is conducting a consultation on the proposed amendments to the Settlements Residue Auction Rules (Auction Rules) and associated agreements to implement secondary trading under the National Electricity Rules (NER).

This consultation is being conducted under clause 3.18 of the Rules, in accordance with the Rules consultation requirements detailed in clause 8.9 of the Rules.

Any queries should be directed to Nicole Dodd at

First stage of consultation

First stage submissions

Second stage of Consultation 

Second stage submissions


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