Are Independent Markets required?

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      The point is well taken. The Over-The-Counter mechanisms and an initial discussion of registration of bilateral transactions partially addresses the issue.

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      The point is well taken. The Over-The-Counter mechanisms and an initial discussion of registration of bilateral transactions partially addresses the issue.

      11. While the Proposal includes bilateral transactions, the Proposal’s favored alternative of independent, local clearing markets (market engines) is unworkable in a grid where fine locational and time granularity is essential, and liquidity of tenders is minimal.

            Assignee:
            williamcox
            Reporter:
            Toby Considine (Inactive)
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