Capturing Your Position
SOLV Trader interacts with ETRM systems to capture trade data and calculate an asset level position. In parallel, SOLV uses market data and asset parameters to calculate SRMC and trading prices based on bespoke algorithms developed in partnership with you, exclusively for your use. Availability data is acquired from your asset control system to complete a 360-degree view of your portfolio which is presented in a clear, intuitive UI.
Day-Ahead Auction Bids
SOLV Trader formulates day-ahead auction bids reflecting Nordpool N2EX standards. Asset buy/sell volumes are priced based on configurable margin thresholds, running costs and market limits. Once bids have been finalised, prices and volumes can be submitted to the exchange according to auction deadlines.
Following each auction, results are captured, assigned to underlying assets and can be aggregated to BMU level to create a baseline for dispatch profiles. A feedback loop to your ETRM ensures the integrity of your position and provides the data required to update ECVNs.
In-Day Trading
SOLV Trader provides a dynamic baseline for continuous trading. Integration to M7, via our EPEX certified API, allows for the acquisition of market data providing a dynamic view of market depth and liquidity, while decision support algorithms highlight trading opportunities that enable you to capture value to match or exceed your margin aspirations. Trade execution is always in the hands of the trader.
As trades are executed, SOLV Trader automatically refreshes your position and updates both your ETRM and dispatch systems. Aggregation of asset level trades to BMU level ensures accurate BM submissions which can be further automated through integration to SOLV Scheduler.