Transaction delay
For security reasons, transactions in the EU ETS Registry and the Danish Emission Trading Registry are usually covered by a 26-hour transaction delay.
The transaction delay is a security measure. Once a transaction has been initiated (see Carrying out transactions), the 26-hour transaction delay begins to count down. As transactions may only be initiated Monday–Friday between 10 am and 4 pm, the transaction delay will expire and enable the transaction to be implemented Monday–Friday between 12 noon and 6 pm, except for the national public holidays specified below.
Transaction delays do not apply to transactions initiated from a trading account to that account’s list of trusted accounts, if the transaction has been approved by an AAR (see Carrying out transactions).
See further details in the following table:
Carrying out transactions Transaction Delay
| User launch the transaction in the registry | The register launch the transaction | From trading account to the list of trusted accounts. The register communicates the transaction to EUTL for approval and impementation (As a starting point no delay) | All other users The register communicates the transaction to EUTL for approval and impementation (As a starting point 26 hours delay) |
|---|---|---|---|
| Monday-Thursday before 10.00 am | Same day 10.00 | Same day 10.00 | Same day+1 12.00 |
| Monday-Thursday between 10.00 and 16.00 | Same day on the confirmation date | Same day on the confirmation date | Day+1 on the confirmation date + 2 hours |
| Monday to Wednessday after 16.00 | Day+1 10.00 | Day+1 10.00 | Day+2 12.00 |
| Thursday after 16.00 and friday before 10.00 | Friday 10.00 | Friday 10.00 | Monday 12.00 |
| Friday between 10.00 and 16.00 | Friday on the confirmation date | Friday on the confirmation date | Monday on the confirmation date +2 hours |
| After Friday 16.00 and before Monday 10.00 | Monday 10.00 | Monday 10.00 | Tuesday 12.00 |
*) Does not take account of national public holidays
Further details about the transaction delay and the cancellation of transactions are available under “Cancelling transactions”.
National public holidays, etc.
The transaction delay cannot expire on a Saturday or a Sunday or on the national public holidays in 2015 as listed below. This means that the transaction-delay process will be suspended on the following days between 0 am and 12 midnight:
- January 1, 2019 (New Year’s Day)
- April 18, 2019 (Holy Thursday)
- April 19, 2019 (Good Friday)
- April 21, 2019 (Easter Sunday)
- April 22, 2019 (Easter Monday)
- May 17, 2019 (Day of Prayer)
- May 30, 2019 (Ascension Day)
- June 9, 2019 (Whitsun)
- June 10, 2019 (Whit Monday)
- December 25, 2019 (Christmas Day)
- December 26, 2019 (2. Christmas Day)
