Information regarding daily auctions
Published:
We kindly advise you to use an opportunity to place pre-bids for the upcoming regular daily auctions and additionally default bids for fall-back (shadow) auctions which will be activated as a fall-back only in case the regular daily explicit auction operation cannot be completed within timeframes given by Allocation Rules or internal restrictions. Following the questions we received during the tests of daily auctions performed with market participants in last weeks we also would like to highlight that it is not allowed to place two bids for the same border direction and hour with the same bid price due to the improved pro-rata rule as defined in the Allocation Rules. Moreover we would like to remind that similarly as applied by CASC in past the daily bid is considered as block of 24 pairs of quantity and price. Similar apply to intraday where block is created by 24 or 8 pairs of quantity and price. The block is accepted or rejected in its entirety.