Amendments to new auction products in the SAPRI trade client


It has become necessary to make some amendments to the new products N2EX is introducing into the Day-Ahead Auction. Please see operational message for more information about the planned upgrade.

Due to a decision made by the PCR Steering Committee, some of the SAPRI parameters previously communicated have had to be altered. This impacts what new features we are able to offer in the new SAPRI trade client from the go-live date of 8th April.

Change of Parameters:

  • Maximum number of Flexible orders will be three per portfolio
  • Maximum number of Groups orders will be limited to three per portfolio, with 15 blocks in each group

The introduction of curtailable blocks is on hold until further notice. This means that the minimum acceptance ratio will be locked at one (100%) – the same as today. The feature will remain visible in the SAPRI client and will be unlocked as soon as final approval has been received.    

Our release note, user guide and product overview have all been amended accordingly. Please see attachments. 

N2EX and the PCR algorithm group will continue testing parameters so that we can deliver new products as intended. We apologise for any inconvenience these unforeseen delays may cause.

 

For further information, please contact:

N2EX Trading Operations,

tel +44 207 065 8140/+47 6710 9190,

physical.trading@n2ex.com


Attachments

Sapri_Release_Note_v5 0 16 1.pdf N2EX - SAPRI Trade User Guide 2014-v4.pdf Product overview - N2EX 03.04.2014.pdf