Auction Rules (secondary trading)
The Settlements Residue Committee have approved the final amendments to the Settlement Residue Auction Rules (Auction Rules) to implement secondary trading, with a notice published on 30 July 2019. This includes amendments to the Auction Participant Agreement and Settlements Residue Distribution Agreement.
The final version of the Auction Rules, as well as the corresponding executable Auction Participation Agreement, are available at the links below:
AEMO conducted two separate consultations to amend the Auction Rules to implement secondary trading. The documents associated with these consultations can be found on the following pages:
The new version of the Auction Rules and associated agreements will be in effect from 1 October 2019.
An additional consultation is also being undertaken in regards to changes to the APA resulting from 5MS consultation. The information regarding this consultation can be found here.