eCAT Bid Status Update

Dear Market Participants,

We are pleased to announce an upcoming enhancement aimed at improving the clarity of bid status information in eCAT, following valuable feedback from users and our ongoing commitment to improving the platform.

To enhance your experience and ensure clearer visibility of the status of your bids, we will be updating the bid status to more accurately reflect the conditions of acceptance.

Currently, bids that do not have sufficient collateral are marked as "Fully Accepted" until the auction closure, where a warning appear in the ACK document regarding insufficient collateral.

To improve this, we will introduce two new statuses: "Fully accepted with warning on credit limit exceeded" and "Partially accepted with warning on credit limit exceeded" for bids that are conditionally accepted, pending collateral coverage. This change will clearly indicate that these bids can still be rejected if no action is taken to cover the collateral requirement before the auction closes.

With this enhancement, there will be a clearer understanding of which bids are at risk of rejection due to insufficient collateral, streamlining the process and reducing any potential confusion.

This change is scheduled to go live in Q1 2025.

Should you have any questions or require assistance, please feel free to contact the JAO Service Desk.

Thank you for your continued feedback and support.

Kind regards,

JAO Operations Team