The Trading on Behalf process for IDAs

Affected Period

Status
Closed

Category
SEMOpx

Run type

Created
08/12/2021 16:19

Last Updated
06/01/2022 13:08

Market Message update 06/01/22

Dear Member,

As previously advised in December 2021, the go-live date for the Trading on Behalf (ToB) process for Intraday Auctions is the 10th January, 2022 (Trade Date: 11th January, 2022).

To assist members in familiarizing with the new process in advance of go-live, please see the links below for the Trading on Behalf submission forms (in Excel format) for each of the 3 intraday auctions:

The new process for the IDAs will take the same approach as the existing Day-Ahead Market ToB process, where members can download the relevant excel file for Complex Orders or Simple Orders from the links above, fill in the submissions for NI or ROI and email their submissions to SEMOpx Operations at marketops@ops.semopx.com prior to the respective auction orderbook closure. SEMOpx will enter the bids / offers on the member’s behalf, on a best efforts basis.

If you have any questions on this process, please do not hesitate to contact us at Info@SEMOpx.com.

Kind regards,

SEMOpx

Original Market Message 08/12/21

Dear Member,

In an ongoing effort to improve SEMOpx services, we are pleased to announce the Trading on Behalf process (Section G3 in the SEMOpx Operating Procedures), which is currently only available in the Day-Ahead Market and Intraday Continuous Market, will be extended to the Intraday Auctions 1, 2 and 3. The IDA Trading on Behalf process will provide members a fallback process to continue to trade in the IDA1, 2 and 3 if connection to the trading system fails.

The new process for the IDAs will take the same approach as the Day-Ahead Market, where members can download the relevant excel files for ROI / NI and Complex Orders / Simple Orders from the SEMOpx website and email their submissions to SEMOpx. SEMOpx will enter the bids / offers on the member’s behalf, on a best efforts basis. More information on the full process will be provided to members in the coming weeks.

The targeted go live of the Trading on Behalf process for IDAs is 10th January, 2022.

If you have any questions on this process, please contact Info@SEMOpx.com.

Kind regards,

SEMOpx