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European Union
Commission Implementing Regulation (EU) 2023/736
preamble
Recital (2)

Commission Implementing Regulation (EU) 2023/736

In forceThis text since 31 Mar 2023law://eu/reg/2023/736/rct_2@2026-11-11

Version in force onWhereEuropean Union

(2)Pursuant to Article 1 of the MCM Regulation, the MCM applies to orders placed for trading TTF and derivatives linked to other virtual trading points located in the Union.

Source: EUR-Lex, © European Union, 1998-2026. Reuse authorised under Decision 2011/833/EU.

Key facts

Type: Implementing regulation · Commission Implementing Regulation (EU) 2023/736
Adopted: 31 Mar 2023
In force: 12 Apr 2023
Applies from: 1 May 2023
Made by: Directorate-General for Energy, European Commission
Official: EUR-Lex 32023R0736 · ELI

Topics

commodities exchange consumer protection economy electronic commerce energy demand EU energy policy natural gas price formation price of energy technical specification Energy Prices

History · 1 version

31 Mar 2023Reading

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Defined terms · 2

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front-month derivative linked to other VTPs
means a derivative linked to other VTPs whose expiration date is the nearest among the derivatives with a one-month maturity traded on a given regulated market;
front-year derivative linked to other VTPs
means a derivative linked to other VTPs whose expiration date is the nearest among the derivatives with 12 months’ maturity traded on a given regulated market.

eu/reg/2023/736