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June 01, 2023
Home » Stakeholders Back PJM on FTR Forfeiture Rules
The Market Implementation Committee voted overwhelmingly March 6 to endorse PJM’s proposals for applying forfeiture rules to virtual transactions, rejecting the Market Monitor’s alternatives. The PJM proposals create criteria for applying the existing forfeiture rule for increment offers and decrement bids and extends application of the rule to Up to...
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