CPM058 & CPW149

Market Performance Framework Reform

Summary of this change

CPM058 & CPW149: This change seeks to reform the Market Performance Framework (MPF) to ensure it is simple, flexible, effective and powerful in application, to provide customers and Trading Parties with confidence in the market at a reasonable cost. This change will be delivered in four parts:

(a) 'Governance' was implemented between 26 June and 21 November 2024.

(b) 'Non-Financial Tools' was implemented on 21 November 2024.

(c) 'Cyclical and Transfer Reads KPIs' is forecast to be recommended by the Code Change Committee in July 2025. 

(d) 'Bilateral Hub and Data Assurance KPIs' is forecast to be recommended by the Code Change Committee in January 2026. 

 

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