The power exchange adds block orders to its Day-ahead product portfolio

With a view to improving its services, IBEX offers its members registered on the Day-ahead market segment the option to submit block orders.

So far the power exchange operator has offered only hourly orders on the Day-ahead market segment.

Block orders for purchase and/or sale  facilitate the management of the trading portfolio and physical assets via the optimization of generation and consumption of electricity.

Ahead of the expected go-live of the new order types on 15.11.2023 (trading day), a workshop to present the specificities of the various block order types to market participants was held on 18.09.2023.

Additional information on the block orders types can be found in the latest version of Instruction № 6 Products traded specification published on the official webpage of the power exchange operator.