Overview
If you purchased capacity from TTPC and Transmed through the Direct FCFS process, you can remarket such capacity on the secondary market. Although the process of creating a trade proposal is substantially the same as that for other TSOs, there are still significant differences and restrictions of which you should be aware.
1. You must select only TTPC's network point "TTPC-TRANSMED (entry Oued Saf Saf – exit Mazara del Vallo)" as the point of transaction.
2. Only the OTC (Over the Counter) and CFO (Call for Orders) procedures are available.
3. Only the "Transfer of Use" transaction type is available.
4. You must enter the information about the underlying contract ID manually. This ID is the Direct FCFS deal.
5. You are allowed to create a trade up to 16 hours before runtime start of your offer.
Instructions
To create a TTPC/Transmed trade proposal, do as follows:
1. Log into your account;
2. Click on "Transport" on the top blue menu;
3. Then, click on "Secondary Market" right below;
4. On the Secondary Market page, click on the button "Create Trade Proposal;"
5. Now, start typing the name of the network point: "TTPC-TRANSMED (entry Oued Saf Saf – exit Mazara del Vallo);"
6. Select the aforementioned network point from the list. As explained above, although this is technically an unbundled exit point which belongs to TTPC alone, all bundled TTPC-Transmed capacity should be remarketed at it on the secondary market.
7. Then, click on "Save and Continue;"
8. Now, select the option "Offer Capacity for Sale;"
9. Proceed by clicking on "Save and Continue;"
10. Then, choose "OTC" or "CFO" as the trade procedure.
11. Choose "Transfer of Use" as the transaction type. In Transfers of Use, you remain the legal counterparty of the TSO and merely transfer nomination rights to the buying shipper, which, in turn, becomes your legal counterparty.
12. If you have selected OTC as procedure, enter the details of your counterparty by choosing them from the drop-down list or manually entering their EIC code in the field below. Then, enter a contact email.
Note: this step is not available if you selected CFO as procedure.
13. Enter the details of your offer, including capacity amount, runtime and price. Then, enter an expiration date for the proposal and the trading conditions. Please ensure that your counterparty has enough time to respond to your trade.
Note: more rules will have to be set up in case of a CFO procedure.
14. Then, click on "Save and Continue;"
15. On this page, select "Manually enter the capacity information" from the drop-down menu. Then, in the field below, enter the Direct FCFS Deal ID. You can retrieve this by going to your "My Transactions" table in the Reporting section and selecting the ID from the "Transaction Type" column of the relevant Direct FCFS deal.
16. Select "Firm" as the capacity category. Optionally, you may add comments to your trade proposal.
17. Click on "Save and Continue;"
18. Then, read TTPC's terms and conditions, and accept them by ticking the box;
19. Finally, click on "Save and Submit" after reviewing your trade proposal.
