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how to participate

The platform for the trading of bids/offers of natural gas (P-GAS) is open to all parties that

- have adequate professional qualifications and are proficient in the use of ICT systems and related security systems;
- are authorised to operate at the “Punto di Scambio Virtuale” (PSV – Virtual Trading Point).

For admission to the P-GAS, the applicant must

1. submit the  Participation Application (in the format enclosed to the P-GAS Regulations), accompanied by documents certifying that he/she is authorised to operate at the PSV; if the applicant represents an organisation, he/she must also enclose a declaration certifying his/her powers of representation;

2. submit the Participation Agreement (in the format enclosed to the P-GAS Regulations). The Agreement must be initialled on each page and signed by the applicant or, if the applicant represents an organisation, by the legal representative of the organisation; in the Agreement, the contracting party must declare to be aware of and to accept the P-GAS Regulations without any condition or reservation.

The notification of admission to the P-GAS platform qualifies the applicant as P-GAS Participant. P-GAS Participants are entered into the “Register of P-GAS Participants”, which is held by GME in compliance with personal data privacy legislation.

P-GAS Participants are required to pay a (one-time) access fee, a yearly fixed fee (every 12 months, beginning on the date of admission), a variable fee and a clearing fee (for additional information, go the Fees section). The obligation to pay the fees terminates only if the Participant submits to GME a formal request of exclusion from the P-GAS platform.
(ATTENTION:  if the Participant is not active on the P-GAS but does not submit a formal request of exclusion therefrom, he/she is held to pay the yearly fixed fee).


The Participation Application and all the documents to be enclosed thereto should be submitted only in the Italian version.

 
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