[ExC_01]: Thresholds reached - Reopening of the order books
Dear Market Participants,
Due to the exceeding of the predefined price thresholds, a Second Auction is triggered. |
Consequently, the NEMO order books will be reopened at 12:50 for exactly 15 minutes. |
Therefore, the publication of the Market Coupling Results is delayed. |
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High / low prices are detected for the following bidding areas and hours: |
Bidding area |
The Netherlands (NL) |
Disclaimer for entering or modifying orders: |
In case a Second Auction is triggered, an Exchange Member is authorized to adjust its orders according to the following rules: |
a) For all hour(s) for which thresholds have been reached: |
- In case of high prices: add sale volumes, remove purchase volumes, lower the prices of the sell and/or purchase Orders; |
- In case of low prices: add purchase volumes, remove sale volumes, increase the prices of the sell and/or purchase Orders. |
b) For all hour(s) for which thresholds have not been reached: |
- Order modification is authorized if the Exchange Member can justify its intention to improve the situation of the Market Area and hour(s) for which thresholds have been reached. |
Disclaimer: The Timings are expressed as CET timings. |
We advise you to update your shadow bids at JAO eCAT platform before 14:10.