: Public <<Scenario>> Scenario
This is the case for OTC trades, where market participants individually submit their nominations to the transmission system operator who carries out the following steps:<br/>Verifies that the schedule is coherent independently from the counter<br/>nomination. At the end of the verification process an acknowledgement document is transmitted informing the market participant of the results of the<br/>initial verification.<br/>On reception of the nomination from the counter party the nominations are<br/>matched and if any mismatches are identified an anomaly report is submitted<br/>to both parties. A time driven event may be provided in order to verify that<br/>nominations from one party without a nomination from a counter party are<br/>taken into consideration and the appropriate anomaly report can be generated.<br/>Just prior to the closure of a given period an intermediate confirmation report<br/>may be transmitted to the market participants informing them of the situation of their nominations and eventually what will happen to nominations where there are outstanding anomalies.<br/>At the closure of a given period a final confirmation report is transmitted to the<br/>market participants informing them of what will be effectively scheduled from<br/>their nominations.<br/>
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