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Clearing EXAA Electricity Spot Market
EXAA has charged Oesterreichische Kontrollbank (OeKB) with the
technical operation of financial clearing and settlement. OeKB’s tasks include crediting and
debiting, and the generation of bills for trading fees as well as any related crediting and
debiting. Furthermore, OeKB assesses creditworthiness and manages collaterals on behalf of EXAA.
EXAA is Central Counter Party and is thus responsible for clearing and collateral
management.