On 16 October 2012, Austrian Power Grid and the European power exchange EPEX SPOT SE opened an intraday trading platform in Austria. Market participants with access to EPEX SPOT can now use this platform to trade hourly products for delivery to "Control Area APG" up to 75 minutes prior to delivery. This new place of delivery is linked with the existing locations in Germany and France so that trading participants from Austria, Germany and France can now benefit from concentrated liquidity and simplified cross-border trade.
Over-the counter transactions can, however, still be conducted between Austria and Germany. As in the past, the rules governing the registration of cross-border schedules rules governing the registration of cross-border schedules (in particular, the lead time of 45 minutes before the full hour in which the transaction begins) must be observed.