Products accommodated
Article 53
1. No later than 18 months after the entry into force of this Regulation NEMOs shall submit a joint proposal concerning products that can be taken into account in the single intraday coupling. NEMOs shall ensure that all orders resulting from these products submitted to enable the MCO functions to be performed in accordance with Article 7 are expressed in euros and make reference to the market time and the market time unit. 2. All NEMOs shall ensure that orders resulting from these products are compatible with the characteristics of cross-zonal capacity, allowing them to be matched simultaneously. 3. All NEMOs shall ensure that the continuous trading matching algorithm is able to accommodate orders covering one market time unit and multiple market time units. 4. By two years after the entry into force of this Regulation and in every second subsequent year, all NEMOs shall consult in accordance with Article 12: (a) market participants, to ensure that available products reflect their needs; (b) all TSOs, to ensure products take due account of operational security; (c) all regulatory authorities, to ensure that the available products comply with the objectives of this Regulation. 5. All NEMOs shall amend the products if needed pursuant to the results of the consultation referred to in paragraph 4.