MIDL
REMIT II · EU + UK

Stop hand-building REMIT submissions.
Automate the route to your RRM.

MIDL cleans, maps and validates your trade data against the live ACER schema. It fixes what it can and flags only what it can't before anything reaches your RRM.

Book a 30-minute call See how it works

Keep your RRM. Pay from your first submission.

Any trade source
ETRM · exchange feed · spreadsheet
EU & UK REMIT
EU REMIT II + UK REMIT, one pipeline
Your RRM stays
no switching, no re-contracting
Why MIDL

There's a gap in your reporting chain. Right now a person fills it by hand.

Everything between your trade data and your RRM (extraction, mapping, validation, deadline tracking) is manual today. That's the gap MIDL closes.

  1. Source

    Your trade data

    Orders and contract data live in your trading systems (ETRM, exchange, or spreadsheet) in whatever format you use today.

  2. The gap

    Manual data prep

    Spreadsheets, copy-paste, field mapping by hand, chasing missing ACER codes: error-prone and unaudited.

    MIDL FIXES THIS
  3. Handoff

    Your RRM

    Your Registered Reporting Mechanism stays exactly where it is. MIDL delivers submission-ready files to it.

  4. Regulator

    ACER

    Reports arrive complete, on time, and consistent, with receipts and rejections traced back to source.

Your liability

You retain the liability, so own the audit trail

Outsourcing the work doesn't outsource the obligation: the market participant stays accountable. MIDL gives you a complete, timestamped audit trail proving what was reported, when, and why.

Before / after

The same obligation. A completely different Monday morning.

Today

Manual
  • Trades exported by hand and reshaped in spreadsheets
  • Field mapping and ACER code lookups done from memory
  • Someone spends evenings wrangling reports instead of going home
  • Deadlines tracked in someone's calendar, or not at all
  • RRM rejections discovered days later, fixed under pressure
  • No single record of what was submitted and when

With MIDL

Automated
  • Trades pulled automatically from your source on schedule
  • Mapping and validation against the current ACER schema, every run
  • T+2 and T+10 deadlines monitored, with alerts before they bite
  • Rejections flagged immediately and traced to the source field
  • Full timestamped audit trail of every submission and receipt
  • The process runs the same whether someone's in the office or not
How it works

From your trade data to your RRM in five automated steps

Connect your trade source once, map fields once, and MIDL runs the rest on schedule, with validation, delivery and evidence included.

Book a 30-minute call

  1. Connect your trade source

    We connect to your trading system via API, database extract or scheduled file drop. No changes to how your traders work.

  2. Map once, reuse forever

    Your contract types, counterparties and delivery points are mapped to REMIT fields during onboarding. New trade types take minutes, not days.

  3. Clean up, enrich and validate

    Malformed or incomplete records are automatically repaired — LEIs and EIC codes resolved, formatting fixed — then checked against the current ACER schema and business rules. Only what we genuinely can't fix gets flagged to you.

  4. Deliver to your existing RRM

    Submission-ready Table 1 and Table 2 files are delivered to your RRM automatically, inside the T+2 and T+10 windows.

  5. Archive the evidence

    Receipts, rejections, corrections and every data transformation are logged in a timestamped audit trail you can hand to a regulator.

Who & when

Does REMIT apply to you?

Answer yes to all three questions and you're in scope. Below that, the REMIT II timeline maps out every window between now and 2028.

Q1

Do you trade wholesale energy products?

  • Electricity or natural gas contracts
  • Supply, transport, or derivatives
  • Delivered in the EU or UK
Q2

Are you a market participant?

  • Transactions in wholesale energy markets
  • As producer, supplier, trader, or large consumer
Q3

Are your contracts reportable?

In scope
  • Standard contracts on organised market places
  • Non-standard bilateral & OTC contracts
  • Including transportation deals
Typically out of scope
  • Final-customer contracts below the consumption threshold (10 MW electricity / 600 GWh gas per year, per site)
  • Intragroup contracts that meet exemption conditions
  • Purely physical retail supply outside wholesale markets
What you need to do

Register with your national regulatory authority before your first trade.

What MIDL can do for you
  • Automates: transaction and exposure reporting, end to end, on deadline, with evidence.
  • Advises: IIP disclosure, market-abuse controls, and algorithmic trading obligations, plus strategic advisory across compliance, finance, accounting, ops & risk.
Regulatory timeline

The REMIT II clock is ticking on multiple fronts

The Implementing Regulation took effect on 29 April 2026, and further obligations phase in through 2028. Mapped out below, so a schema change or a new asset class never becomes your emergency.

  1. In force · 29 Apr 2026

    Core reporting obligations

    T+2 reporting for standard contracts and 10 working days for non-standard OTC, with stricter enforcement and broader scope, all applying today.

  2. Oct 2026

    Exposure reporting

    Quarterly exposure reporting begins for participants trading ≥600 GWh per year.

  3. Apr 2027

    Transitional period ends

    LNG market data reporting starts and the new ACER schema becomes mandatory.

  4. Oct 2027

    Balancing & storage

    Monthly balancing transactions, gas storage data, TSO imbalance data, and LNG contracts come into scope.

  5. Jul 2028

    Hydrogen

    Annual hydrogen reporting begins and hydrogen contracts come into scope.

Pricing

Simple monthly pricing, sized for mid-market desks

Every plan includes full pipeline automation, schema validation and a complete audit trail. No per-trade markups, no hidden fees.

Starter

For small desks with regular standard and OTC reporting.

£600/month + VAT
  • Up to 100 reportable contracts/month
  • API, database, or spreadsheet file-drop connection
  • Automated RRM delivery & rejection tracking
  • Schema validation & deadline alerts
  • Full audit trail & lifecycle events
  • Standard support (email + chat)
Talk to us about Starter

Professional

For active mid-market traders who need full automation and evidence.

£1,000/month + VAT
  • Everything in Starter
  • Up to 500 reportable contracts/month
  • Compliance advisory (email + chat)
Talk to us about Professional

Enterprise

For high-volume desks needing scale and strategic advisory support.

£2,000/month + VAT
  • Everything in Professional
  • Up to 2,000 reportable contracts/month
  • Additional contracts at £0.50/contract/month
  • Direct strategic advisory with an industry expert: compliance, finance, accounting, ops & risk
Talk to us about Enterprise

Onboarding is included on every plan. Billing starts when your first report is submitted. No setup fees, no risk.

Not sure which tier fits? Book a 30-minute call and we'll map it out.