Market manuals are procedural documents that contain requirements and processes that must be followed by all market participants, MSSLs, EMC and the PSO. Compliance with the requirements in the market manuals is binding under the Market Rules. The following table lists the current release of these manuals.

Market Manuals
Version	Title	Clean Version	Tracked Version
01 Feb 2024	Market Administration - Registration and Authorisation: Part 1
26 Jan 2022	Market Administration - Registration and Authorisation: Part 2
08 Mar 2018	Market Administration - Registration and Authorisation: Part 3
01 Oct 2017	Market Administration - Registration and Authorisation: Part 4
13 Dec 2021	Market Administration - Registration and Authorisation: Part 5
01 Feb 2024	Market Operations - Performance Bonds (Chapter 2 Market Rules)
07 Jan 2021	Market Operations - Prudential Requirements (Chapter 2 Market Rules)
20 Feb 2017	Market Operations - Automatic Financial Penalty Scheme (Chapter 5 Market Rules)
26 Jan 2022	Market Operations - Standing Offers, Standing Bids, Offer Variations, Bid Variations and Standing Capability Data (Chapter 6 Market Rules)
01 Jul 2023	Market Operations - Settlement (Chapter 7 Market Rules)

Market manuals are subject to change as the market evolves. The process for revision is based on that required in section 8, Chapter 1 of the Market Rules:

• the proposed modifications are submitted to the Rules Change Panel (RCP) for review,
• the RCP makes a recommendation to the EMC Board as to whether or not the proposed modifications should be adopted,
• the EMC Board makes a decision, and
• the EMA grants final approval.

The approved modifications come into force ten business days after their publication on the EMC website, or on a date specified in the approved modification proposal. Please click here for changes to market manuals pending or under consideration. Please click here for approved changes to market manuals that are not incorporated in the current release.