Balancing Market

1. 1. Pre-registration – Required documents:

• Balancing and Access to the Virtual Trading Point (VTP) Agreement concluded with SNTGN Transgaz S.A.;
• Licence issued by the National Energy Regulatory Authority (A.N.R.E.);

1. 2. Registration – Registration documents:

• Participation Convention for the energy markets administered by BRM
• Framework Agreement for the provision of counterparty services for the short-term products market
• Data reporting agreement to REMIT
• Unique Registration Certificate

1. 3. Market Access – The participant’s legal representative:

• Power of attorney for individuals;

1. 4. Trading access – Establishment of guarantees:

• Execution of a Direct Debit Mandate in favour of BRM;
  • List of banks participating in the SEPA direct debit scheme
  • BRM account for preparing the mandate – IBAN: RO64 RNCB 0082 0009 9180 0001
• Submission of guarantees in the form of:
  • Cash – IBAN: RO50 RNCB 0082 0009 9180 0641
  • Bank guarantee letter (endorsed by BCR and sent via SWIFT message)
  • Escrow account (opened at BCR in favour of BRM)

1. 5. Post-trading – Financial settlement and physical nominations:

• Financial settlement is carried out by BRM through the counterparty mechanism.

BRM’s support department will assist you throughout the entire admission process.
Support department email: gaze@brm.ro – landline 021.317.45.60, ext. 106
Contact person: Muraru Ionela, email ionela.muraru@brm.ro – Phone 0730.710.387.