REFERENCE / ONBOARDING
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Onboarding

·MASTER PARTICIPATION AGREEMENT
AS OF 2026-08-31·MPA-SL v1.0
01ROLE
CURRENT
Who you are on tape
02BUSINESS
Legal entity and KYB
03AGREEMENT
Sign the master

SELECT YOUR ROLE

ONE ROLE PER PARTICIPANT

You can hold one role at a time. Changing it later re-issues your handle and voids any working orders.

WHY WE ASK

Your role sets your handle prefix, what the auction lets you post, and how much of a counterparty's identity you ever see. Pick the side you actually sit on.

WHAT THIS IS NOT

This is not a cash-settled market. There is no index settlement, no rolling, and no continuous order book. Capacity trades in a periodic monthly call auction and settles by physical delivery.

STEP 1 OF 3·NO ROLE SELECTED

Prototype. No account is created, no document is filed, no screening is run, and nothing you type leaves this browser tab.