Market Access

BEFORE MARKET SESSION

In order to operate on the CIC market (MCIC), Market Participants must hold at least one access profile (ownership account) at the BIOCAR portal of the GSE.

Buyer participants, in order to participate in the MCIC, are required to make a single payment, in favor of GME, as a security deposit fully covering their purchases (including VAT, where chargeable).
The trading system will accept purchase proposals only if fully covered by the available deposit.

DURING MARKET SESSION

The prices to be included in the purchase and sale proposals must be NET OF VAT.
The system will automatically calculate the value of the transaction including VAT, where chargeable, both for updating the deposit available during the session and for confirming the operations carried out and for administrative and accounting obligations.

FOLLOWING THE CONCLUSION OF MARKET SESSION

- sellers shall issue one or more invoices to the GME’s buyer party;
- buyers shall receive one or more invoices by the GME.

The technical procedures for the participation of participants in the MCIC, the times of the trading sessions, as well as the methods to communicate the amount paid as a guarantee deposit are contained in the Technical Rules.

ORDINARY SESSIONS

The forthcoming sessions of the Market of Certificates of Release to Consumption of Biofuels (MCIC) will take place from 9:00 to 12:00 on the following dates:
October 2026: 8 and 29
November 2026: 12
Pursuant to the circular letter issued by the Ministry of Environment and Energy Security on 26 Oct. 2026 (hereafter: MASE circular letter of 26 Oct. 2026), the deadline for verifying compliance with the obligation for the year 2025 has been postponed to January 2027. Consequently, the November 2026 session of the MCIC will take place on 12 November.
December 2026 (*): 3 and 17
Pursuant to MASE circular letter of 26 Oct. 2026, the deadline for verifying compliance with the obligation for the year 2025 has been postponed to January 2027. Consequently, the December 2026 sessions of the MCIC will take place on 3 and 17 December.
January 2027: no sessions scheduled.

(*) As in previous years, however, two market sessions will be held in the month preceding compliance with the obligation.

The prices declared by participants, the prices indicated in the trading proposals and the price of the transaction are to be intended EXCLUSIVE of value added tax.

In order to be enabled to purchase CICs during a market session, each Market Participant must provide a non-interest-bearing cash deposit, to cover the full counter value of the transactions that will be carried out on the Market, including VAT, where chargeable, within 12.00 pm on the working day before the opening of the trading session.

The bank details of the account, to which the bank transfer must be performed, are:

BPER Banca S.p.A.
IBAN IT44 I053 8703 2310 0004 9347 910
CODICE SWIFT BPMOIT22XXX