IBEX Base (06.04.2020) : 23.38 BGN, 41239.80 MWh, IBEX Peak (06.04.2020) : 26.25 BGN 22887.2 MWh, IBEX Off-Peak (06.04.2020) : 20.51 BGN 18352.6 MWh
 
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Fee

IBEX TARIFF
(in force from 11.11.2019 г.)
  
  Intraday market segment (IDM) Day Ahead market segment (DAM) Centralized market for bilateral contracts segment (CMBC)
Tariff Component Tariff I Tariff II Tariff I Tariff II Tariff I Tariff II
1 Participation fee (BGN) 12 000
2 Annual fee (BGN/annum) 16 000 2 000 24 000 0 20 000 0
3 Turnover fee (BGN/MWh) 0,22 0,50 0,14 0,32 0,07 0,18
4 Turnover fee of auctions with deviation * (BGN/MWh) n.a. 0,50
5 Settlement fee (BGN/MWh) 0,02 0,01
6 Minimum collateral (BGN) 50 000 75 000
7 Training fee (test and certificate incl.) 600
8 Additional DigiPass (BGN) n.a. 300 n.a.
9 Additional portfolio/ user (BGN/annum) 3 000
10 Auction initiation fee (BGN) n.a. 1 000
11 Deal cancelation fee (BGN) 4 000 n.a. 4 000
12 REMIT reporting fee (BGN/month) 150 100 190
13 Data provision fee for the aggregated supply and demand curves, valid for IBEX members (BGN/annum) n.a. 100 n.a.
14 Data provision fee for the aggregated supply and demand curves, valid for NON IBEX members (BGN/annum) n.a. 2 500 n.a.
15 Report fee for data on the prices and volumes on one market segment (BGN) 50
16 Report fee for data on the prices and volumes on all market segments (BGN) 80
17 Report fee for price comparison of market segments operated by market operators in EU countries with those obtained on a market segment operated by IBEX (BGN) 100
18 Custom report fee (BGN)** 200
 
All fees are VAT excl.


The REMIT data reporting services are charged according to the IBEX charges schedule.

  1. Participation fee is a single payment fee, due by the trading participants upon registration on the power exchange. The Participation fee is due up to 5 financial days after the signing date of the Participation Agreement for the respective market segment, on which the member is starting its participation on IBEX and is common fee for all the market segments, administered by IBEX EAD.
  2. Annual fee is due on an annual bases from all the members, registered on the respective market segment.
For all the members that are already registered and conduct trading on any of the IBEX market segments, the Annual fee shall be invoiced in the beginning of each calendar year up to 20th of January and is due until 31st of January of the respective year.
For the newly registered members selected Tariff I option, or for those migrating from Tariff II to Tariff I option, the Annual fee will be applied proportionally to the residual part of the current calendar year, where the starting period for the calculation is considered the month of the completion of the registration process for the respective market segment or the reception moment of the application for the Tariff change. In case of membership withdrawal or suspension prior to the expiration of the calendar year or in case of migration from Tariff I to Tariff II, the Annual fee for the respective member is not refundable.
  1. The turnover fee is the fee payable for the traded quantities of electricity on the respective market segment, administered by IBEX EAD.
  • For DAM and IDM segments the fee shall be invoiced and paid on a daily bases together with the Turnover fee.
  • For CMBC segment the fee shall be invoiced twice a month – on the 16th and 30th or on the first working day following the respective date, in case it is a holiday. The payment deriving from the invoices is due up to 5 financial days following the issuing date.
  1. The turnover fee of auctions with deviation is the fee payable for the delivered / accepted quantity of electricity on the CMBC following an Auction with deviations. The fee shall be invoiced twice a month – on the 16th and 30th or on the first working day following the respective date, in case it is a holiday. The payment deriving from the invoices is due up to 5 financial days following the issuing date.
  2. The Settlement fee is the fee payable for the traded quantities of electricity on the respective market segment, administered by IBEX EAD.
  • For DAM and IDM segments the fee shall be invoiced and paid on a daily bases together with the Turnover fee.
  • For CMBC the fee shall be invoiced and paid together with the respective Turnover fee.
  1. Minimum collateral is due from all the registered exchange members, for each market segment, administered by IBEX EAD, and according to the respective Rule Book. The minimum collateral is one and it is due in total for DAM and IDM.
  2. Training fee is due from each trading representative, authorized for trading on any of the market segments and it includes specialized training, exam and certificate.
  3. Additional DigiPass (device, generating access codes for the electronic trading system operating the DAM) is a fee due for the access of an additional user in the ETS of the DAM.
  4. The additional portfolio/user feeis due on an annual bases from all the members with active basic portfolio that are willing to use an additional one.
  5. Auction initiation feeis due from the auction initiator on the CMBC for each auction.
  6. Deal cancelation fee is a fee due for a trade cancelation, according to the provisions of the respective Rule book.
  7. REMIT reporting fee – is a monthly fee, payable according to the signed contract between a market participant and IBEX EAD in its role of organized market place (OMP). The reporting of the deals of the DAM and the IDM, altogether, will be charged only with the higher of the 2 /two/ fees.
  8. Report fee for data on the prices and volumes on one market segment - due by the market participant for the preparation of the requested report. The report shall be prepared within no less than 3 /three/ working days from the date of the receipt of the request. The reports are made after the payment of the fee.
  9. Report fee for data on the prices and volumes on all market segmentsdue by the market participant for the preparation of the requested report. The report shall be prepared within no less than 3 /three/ working days from the date of the receipt of the request. The reports are made after the payment of the fee.
  10. Report fee for price comparison of market segments operated by market operators in EU countries with those obtained on a market segment operated by IBEX - due by the market participant for the preparation of the requested report. The report shall be prepared within no less than 3 /three/ working days from the date of the receipt of the request. The reports are made after the payment of the fee.
  11. Custom report fee due by the market participant for the preparation of the requested report. The report shall be prepared within no less than 3 /three/ working days from the date of the receipt of the request. The reports are made after the payment of the fee.
*           The turnover fee for Auctions with deviations is aplicable only for Auctions with deviations, held since the 11th of November of 2019. The fee is not cumulated with the Turnover fee, that is due for all the market segments operated by IBEX.  
**          IBEX might decline the execution of the report if the necessary data is not available, the data is confidential or there is no administrative capacity for the elaboration of the report.   



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