The Forward Electricity Market (energy market) is the venue where forward electricity contracts with delivery and withdrawal obligation are traded.

• All Electricity Market Participants are automatically admitted to the MTE.
• Trading in the MTE takes place on a continuous basis.
• In the MTE, the tradable contracts are of the following types: Base-Load and Peak-Load, with monthly, quarterly and yearly delivery periods. (Technical Rule no. 01 rev2 MTE). The contracts with quarterly and yearly delivery periods are regulated by the “cascading” mechanism.
• Market Participants submit orders where they specify the type and period of delivery of the contracts, the number of contracts and the price at which they are willing to purchase/sell.
• After the trading period, the contracts with monyhly delivery are registered as corresponding transactions onto the PCE, after the adequacy verifications that are referred to in the PCE Rules.
• Also OTC contracts may be registered in the MTE.
• GME acts as a central counterparty.

The sessions will take place from Monday to Friday, from 09:00 to 17:30, except on the next-to-the-last day of open market of each month, when the closing time is advanced at 14:00 for operational reasons.

The sessions of the MTE will be held every day except on:

• all Saturdays;
• all Sundays; 
• 1 January;
• Friday before Easter;
• Monday after Easter;
• 1 May;
• 15 August;
• 24 Dicember;
• 25 Dicember;
• 26 Dicember;
• 31 Dicember;