Now available for customers using ISO-NE’s Divisional Accounting option: New functionality related to launch of NEXTT external transaction software

Divisional Accounting is an optional feature that allows market participants to segregate settlement reporting into subaccounts for individual business units, divisions, or generating facilities. Participants can designate assets and resources directly to a subaccount in the Customer and Asset Management System (CAMS); other activity-based transactions are assigned in their respective applications, such as eMarket, the Forward Capacity Tracking System (FCTS), and the Internal Bilateral Transactions interface.

With the implementation of the New England External Transaction Tool (NEXTT), customers using the Divisional Accounting option can assign external transactions submitted via NEXTT to subaccounts. More information is available in this presentation.

Industry News & Developments, Market Participant Announcements
settlements, wholesale markets