Ex Post Reallocation

Ex Post Lodged after the target trading intervals occurred, where the volume and price are known. reallocations are lodged after the target trading intervals occurred, where the volume and price are known.

There are benefits in lodging Ex Post Reallocations Reallocation Request Service. See Relevant Rules or Procedures earlier than required:

• To ensure the resulting reduction in the level of outstandings maximises the trading margin as a buffer against future high market prices.
• To have the Reallocation A reallocation transaction, as defined in the NER captured in the preliminary statement.

The Ex Post due by date shown in Reallocations is the date the Reallocation must be authorised by if you want it taken into account for the relevant billing period. Once the date has passed the Ex Post due by date, if the Reallocation is not authorised it is moved to Cancelled/Expired and is no longer available for authorisation.

Ex Post Reallocation appearing in the preliminary statement example

This example, from the 2016 Settlement Calendar, is where your Ex Post Reallocation appears in your preliminary statement:

1. The billing period start is Sunday 9 October 2016.
2. The billing period end is Saturday 15 October 2016.
3. Add two business days to take you to Tuesday 18 October 2016.
4. You must submit and authorise your Ex Post Reallocation before or on this date by 5.00 pm, see Figure 34.
5. The preliminary statement is issued on Friday 21 October 2016.

Figure 33 Ex Post reallocation in preliminary statement example

Ex Post Reallocation appearing in the final statement example

This example, from the 2016 Settlement Calendar, is where the Ex Post Reallocation appears in the final statement:

1. The billing period start is Sunday 9 October 2016.
2. The start date of the Ex Post Reallocation is Monday 10 October 2016.
3. Add 16 business days after the earliest trading interval specified in the Reallocation takes you to Tuesday 1 November 2016.
4. You must submit and authorise your nEx Post Reallocation before or on this date, see Figure 34.
5. The final statement is issued on Wednesday 09 November 2016.

Figure 34 Ex Post reallocation final statement example