GME defines the amount of fees that P-GO Participants payfor the services provided.

The fees, defined by GME, are approved annually by ARERA and published on GME’s website with immediate effect upon their first application and subsequently, with application from 1st of January of the following years.

The amount of fees currently in force is:

• an access fee (on a one-time basis) of Euro 0.00;


• a yearly fixed fee of Euro 0.00;


• a variable fee of Euro 0.003 for:
  • each GO traded on the M-GO;
  • each GO registered bilaterally on the PB-GO;
  • each GO covered by an ad published on the GO Bulletin Board for which there has been an expression of interest.

If Participants register bilateral transactions on the PB-GO that are associated with ads published on the GO Bulletin Board and for which there have been expressions of interest, they will not be required to pay fees to GME for such registrations. However, registrations associated with ads on the GO Bulletin Board will be allowed only if both counterparties have not been suspended from the GO Bulletin Board.