REMIT (algorithmic-trading notification)
REMIT (Regulation (EU) No 1227/2011) is the EU framework that prohibits market abuse on wholesale energy markets and obliges market participants to register with their national regulator and ACER. The 2024 amendment Regulation (EU) 2024/1106 (REMIT II) added Article 5a, requiring registration of algorithmic-trading activity. Volton is notified to ACER under this provision.
REMIT (Regulation on wholesale Energy Market Integrity and Transparency, Regulation (EU) No 1227/2011) is the EU framework that prohibits market abuse on wholesale energy markets and obliges market participants to register with their national regulator and ACER. The 2024 amendment Regulation (EU) 2024/1106 (REMIT II) added Article 5a — algorithmic-trading registration.
What algorithmic trading covers
Algorithmic trading under REMIT II is broadly defined: any trading where a computer determines order parameters with limited human intervention — what to bid, when, at what price, in what volume. This catches automated bidders on day-ahead and intraday markets, battery dispatch algorithms reacting to price signals, aggregator software that turns thousands of small assets into one outbound schedule, and high-frequency intraday trading on continuous platforms.
What registration requires
Notification covers trading strategies, system parameters and limits, testing methodology, and risk controls — submitted to the national regulator (Konkurentsiamet in Estonia) and to ACER via the CEREMP system. Once notified, the firm operates as a recognised algorithmic trader, with corresponding audit obligations. The provision does not prohibit algorithmic trading; it documents it.
Volton
Volton is notified to ACER as an algorithmic trader under REMIT Article 5a. The trading systems that bid our batteries every fifteen minutes into mFRR and rebalance the portfolio intraday operate inside this regulatory frame.