Upgrade of Intraday trading platform
To support transparent and efficient continuous trading market segment, BSP implemented in 2008, a Deutsche Börse ComXerv trading system, which to this day represents a leading commodity trading platform on a global level. At the end of 2012 BSP started organizing Slovenian Intraday electricity market on this platform. In past three and a half years trading volumes on this market segment grew steadily from 30 GWh (Q4 2012) to 120 GWh (Q2 2016).
Recent developments towards single European energy market brought significant changes to organized market places and trading participants, affecting in particular the Intraday market segment, which has to follow the nature of unpredictable renewables production.
In order to make pace with these trends, BSP is as of today introducing (in cooperation with Deutsche Börse) upgraded state-of-the-art trading system M7 (ex-ComXerv). High speed and reliable trading system is not only providing our market participants with flexible and user friendly system, but also brings together buyers and sellers in one electronic marketplace. It also enables BSP to smoothly migrate its Intraday market into the future Cross-Border Intra-Day (XBID) Solution – the latter shall enable market participants to fully benefit from cross-border trading on this market segment.